TECH - Why BlackBerry Shares Are Gaining Thursday | Benzinga
BlackBerry Limited (NYSE:BB) shares are trading higher in the premarket session on Thursday.
Yesterday, after the closing bell, the company reported first-quarter revenues of $144 million, which beat estimates of $134.052 million.
In the quarter under review, the company’s Cybersecurity segment exceeded previously provided guidance at $85 million, with a gross margin of 59%.
Check This Out: BlackBerry Stock Jumps On Q1 Earnings Beat: The Details
Recently, several companies, including CDK, a technology provider for the car industry, UnitedHealth Group’s (NYSE:UNH) Change Healthcare unit, and Live Nation Entertainment, Inc.’s (NYSE:LYV) Ticketmaster unit, have experienced significant data breaches.
Despite ...