BB

Image source: The Motley Fool. Thursday, April 9, 2026 at 8:00 a.m. ET Chief Executive Officer — John Giamatteo Chief Financial Officer — Tim Foote Need a quote from a Motley Fool analyst? Email [email protected] Unknown Executive: Thank you, Betsy. Good morning, everyone, and welcome to BlackBerry's Fourth Quarter and Full Fiscal Year 2026 Earnings Conference Call. Joining me on today's call is Blackberry's Chief Executive Officer, John Giamatteo; and Chief Financial Officer, Tim Foote. After I read our cautionary note regarding forward-looking statements, John will provide a business update, and Tim will review the financial results. We will then open the call for a brief Q&A session. This call is available to the general public via call-in numbers and via webcast in the Investor Information section at blackberry.com. As part of today's webcast, presentation slides will be played. The slides are also available on the Investor Information section at blackberry.com as well the replay of today's call. Some of the statements we'll be making today constitute forward-looking statements and are made pursuant to the safe harbor provisions of applicable U.S. and Canadian securities laws. We'll indicate forward-looking statements by using words such as expect, will, should, model, indeed, believe and similar expressions. Forward-looking statements are based on estimates and presumptions made by the company in light of his experience and its -- of historical trends current conditions and expected future developments as well as other factors that the company believes are relevant. Many factors could cause the company's actual results or performance to differ materially from those expressed or implied by the forward-looking statements. These factors include the risk factors that are discussed in the company's annual filings and MD&A. You should not place undue reliance on the company's forward-looking statements. Any forward-looking statements are made only as of today, and the company has no intention and undertakes no obligation to update or revise any of them, except as required by law. As is customary during the call, John and Tim will reference non-GAAP numbers in their summary of our quarterly results. For a reconciliation between our GAAP and non-GAAP numbers, please see the earnings press release published earlier today, which is available on the EDGAR, SEDAR+ and bl...

It has been about a month since the last earnings report for Calix (CALX). Shares have lost about 10% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Calix due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Calix, Inc before we dive into how investors and analysts have reacted as of late. Calix Beats Q1 Earnings Estimates on Solid Y/Y Top-Line GrowthCalix, Inc. reported strong first-quarter 2026 results, with both top and bottom lines surpassing the Zacks Consensus Estimate.The company posted a solid 27% year-over-year increase in revenues, driven by strong demand from broadband providers and increased adoption of its platform by existing and new customers, along with support from AI services and pricing changes.Net IncomeNet income on a GAAP basis was $11.2 million or 16 cents per share against a net loss of $4.8 million or a loss of 7 cents per share in the year-ago quarter. Top-line growth boosted the bottom line during the quarter.Non-GAAP net income in the reported quarter was $27.2 million or 40 cents per share compared with $13.1 million or 19 cents per share in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of 38 cents.RevenuesNet sales increased to $280 million from $220.2 million in the year-ago quarter, primarily driven by solid growth in both Appliance and Software and service segments. The top line beat the consensus estimate of $277.2 million.In the first quarter of 2026, revenues from the Appliance segment were $232.8 million compared with $179.7 million in the year-earlier quarter. Sales increased as broadband providers bought more equipment to expand and upgrade their networks. Revenues from the Software and service segment were $47.1 million, up 16.4% year over year.Other DetailsNon-GAAP gross profit was $160.2 million compared with $123.8 million in the year-ago quarter, with respective margins of 57.2% and 56.2%. Non-GAAP operating expenses totaled $126.9 million compared with $109.8 million in the year-ago period. Non-GAAP operating income was $33.3 million compared with $14 million in the year-ago quarter. At the end of the first quarter of 2026, total remaining performance obligations...

Itron Inc. ITRI reported non-GAAP earnings per share (EPS) of $1.49 for first-quarter 2026, which beat the Zacks Consensus Estimate by 18.3%. The company reported earnings of $1.52 per share in the prior-year quarter. The year-over-year decline was due to lower interest income, partially offset by higher operating income. Itron reported quarterly revenues of $587 million, which declined 3% year over year but exceeded the upper end of guidance ($565-$575 million). The top line surpassed the Zacks Consensus Estimate by 2.8%. The revenue decline was largely due to portfolio optimization efforts and the timing of project deployments. Management stated that first-quarter results exceeded expectations, driven by strong execution and some projects progressing ahead of schedule, which led to a record gross profit. The company highlighted that utility customers remain focused on resiliency and affordability, with a structural, multi-year investment trend toward adding intelligence to the grid, an area well aligned with Itron’s strengths in networks, analytics and operational intelligence. Product revenues were $477.8 million (81.4% of total revenues), down 8.7% year over year. Service revenues totaled $109.2 million (18.6%), up 30%. Itron’s bookings were $476 million in the first quarter of 2026, and its backlog amounted to $4.4 billion at the end of the quarter. The first quarter included several key wins, including progress on a strategic grid visibility program with Duquesne Light Company. The engagement underscores rising demand for distributed intelligence and Grid Edge Computing as utilities modernize networks, while highlighting Itron’s ability to deliver an integrated solution combining smart devices, software and communications for next-generation grid operations. The stock has declined 21.8% in the past year against the Zacks Electronics-Testing Equipment industry’s rise of 32.9%. Image Source: Zacks Investment Research Device Solutions (21.2% of total revenues): Revenues fell 1% (9% in constant currency or cc) to $124.4 million primarily due to lower sales of legacy EMEA electricity products and reduced project deployments in North America. Networked Solutions (59.7%): Revenues dipped 13% (14% in cc) to $350.7 million, primarily due to the timing of project deployments. Outcomes (16.4%): Revenues rose 22% (or 20% in cc) to $95.9 million, driven by growth i...

Sensata Technologies Holding plc ST reported first-quarter 2026 adjusted earnings per share (EPS) of 86 cents, up from 78 cents a year ago. The bottom line beat the Zacks Consensus Estimate by 2.4%. Revenues for the quarter reached $934.8 million, up 2.6% from a year ago. The figure came near to the upper end of management’s expectations ($917-$937 million) and beat the consensus estimate by 0.7%. Strength Aerospace, Defense and Commercial Equipment segments drove the top-line performance. Following the announcement, shares of ST lost around 3% in the after-market trading session yesterday. In the past year, shares have gained 97% compared with the Instruments-Control industry’s growth of 12.7%. Image Source: Zacks Investment Research Management stated that the company’s first-quarter performance met or surpassed expectations across all key metrics, reinforcing the strong momentum it is building. Management also highlighted that disciplined execution across the organization, along with an effective productivity engine, is driving results. Additionally, the company’s strategic initiatives are gaining pace, while its growth opportunities remain solid and promising. Sensata has realigned its structure into three operating segments — Automotive, Industrials, and Aerospace, Defense and Commercial Equipment, which are now reflected as its new reporting segments. Automotive revenues (56.1% of total revenues) decreased 0.8% (up 0.7% on an organic basis) year over year to $524.8 million. The Automotive segment outperformed overall market production by roughly 4%. Segmental adjusted operating income was $123.2 million compared with $120.3 million in the prior-year quarter. Industrials revenues (19.7% of total revenues) were $184.2 million, down 0.8% (up 0.7% on an organic basis) year over year. The Industrials segment delivered organic growth despite softness in its end markets. Segmental adjusted operating income was $50 million compared with $48.5 million in the prior-year quarter. Aerospace, Defense and Commercial Equipment revenues (24.2% of total revenues) were $225.8 million, up 14.8% (up 16.7% on an organic basis) year over year. The Aerospace, Defense and Commercial Equipment segment showed broad-based year-over-year strength, with both Aerospace & Defense and Commercial Equipment delivering double-digit growth. Segmental adjusted operating income was $63.5 mi...

Iridium Communications IRDM reported earnings per share (EPS) of 20 cents for the first quarter of 2026, missing the Zacks Consensus Estimate by 25.9%. The bottom line also compared unfavorably with the prior-year quarter's figure of 27 cents. Quarterly revenues reached $219.1 million, representing a 2% increase from the previous year, driven by rising demand for Iridium’s mission-critical services. Management emphasized that the company is investing in next-generation IoT platforms, PNT, aviation safety and national security—all high-value segments with long growth runways. The Zacks Consensus Estimate was pegged at $220.2 million. The standout element remains Service revenue, which contributed $158 million (72% of total revenue), a strong indicator of the company’s recurring revenue model. This recurring nature is critical. Satellite communications businesses benefit from long-term contracts and the use of embedded infrastructure, making their revenue streams more predictable. Iridium’s consistent service growth highlights resilience in a competitive and capital-intensive industry. The commercial segment remains Iridium’s main source of revenue, accounting for 60%. Commercial service revenue increased 2% to $130.4 million, meeting IRDM’s forecast, driven by growth in commercial IoT along with voice and data services during the quarter. Government service revenue increased slightly in the first quarter to $27.6 million, primarily due to the final phase of the EMSS contract, which was implemented last September. Iridium Communications Inc price-consensus-eps-surprise-chart | Iridium Communications Inc Quote Commercial broadband declined 5% year over year, reflecting ongoing customer migration to backup services. Revenue from hosting and other data services decreased about 1% to $14.8 million, primarily because of the timing of payments from an existing non-PNT customer. Our estimates for total commercial and government service revenues were $129.9 million and $26.4 million, respectively. Subscriber equipment sales totaled $20.2 million in the first quarter, broadly in line with expectations, down 12.6% year over year. The drop in equipment sales reflects cyclical demand, which management expects to normalize over the full year. We projected the figure to be $21.5 million. Engineering and support revenues surged 9% to $40.8 million, led by Iridium’s expanding...

SAP SE SAP reported first-quarter 2026 non-IFRS earnings per share (EPS) of €1.72 ($2.01), which increased 20% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $1.92. Driven by momentum in the cloud business, SAP reported total revenues on a non-IFRS basis of €9.56 billion ($11.2 billion), which increased 6% year over year (up 12% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.3 billion. SAP’s Business AI momentum is acting as a critical differentiator. Unlike generic AI tools, SAP is embedding AI directly into enterprise workflows, finance, supply chain, and HR, delivering real, measurable outcomes for customers. This strategy positions SAP uniquely against competitors as AI is contextualized within enterprise data. It enhances existing ERP systems, rather than replacing them and drives customer expansion within SAP’s ecosystem. Management noted that SAP is “growing faster than the market and gaining share,” suggesting AI is already translating into tangible competitive advantage. SAP delivered these results despite a volatile macroeconomic backdrop, but the business is not immune to ongoing external pressures. Uncertainty remains elevated, and while performance has held up so far, risks persist. The company continues to execute quarter by quarter, though it is leaning on upcoming Sapphire announcements to support its push for scalable, high-value business AI. Image Source: Zacks Investment Research Following a strong start to 2026, shares went up 8% in the pre-market trading session today. In the past year, the stock has plunged 40.3% against the Zacks Computer – Software industry’s rise of 1.4% The current cloud backlog — a key indicator of go-to-market success in cloud business — surged 20% (up 25% at cc) to €21.9 billion. On a non-IFRS basis, the Cloud and software segment (89.5% of total revenues) registered revenues of €8.5 billion, rising 8% year over year (up 14% at cc). Cloud revenues were €6 billion, up 19% year over year (up 27% at cc) on a non-IFRS basis, powered by a solid 23% growth (up 30% at cc) in Cloud ERP Suite revenues, reaching €5.2 billion. Software licenses and support revenues totaled €2.6 billion, which decreased 12% (down 8% at cc) year over year. Services business (10.5% of total revenues) posted revenues of €1 billion, down 6% year over year (down 1% at cc). In the first quarter,...

America Movil, S.A.B. de C.V. AMX reported net income per ADR of 44 cents for first-quarter 2026, up from 30 cents in the prior-year quarter. The earnings figure, however, missed the Zacks Consensus Estimate of 46 cents. Net income in the quarter was Mex$23,401 million or Mex$0.39 per share compared with Mex$18,703 million or Mex$0.31 per share in the year-ago quarter. The company's comprehensive financing cost was Mex$12,105 million, down 9.9% from the year-ago quarter’s Mex$13,440 million. America Movil, S.A.B. de C.V. Unsponsored ADR price-consensus-eps-surprise-chart | America Movil, S.A.B. de C.V. Unsponsored ADR Quote Total quarterly revenues soared 2.1% to Mex$236,844 million, driven by expanding momentum across the Service and Equipment segments. Service revenues were Mex$200,392 million, up 0.6% year over year. Equipment revenues totaled Mex$34,106 million, rising 7.4%. In the first quarter, AMX gained 3 million wireless subscribers, all in the postpaid category, while 90 thousand prepaid users disconnected. Brazil drove most of the postpaid growth with 1.3 million additions, followed by Colombia with 258 thousand and Peru with 191 thousand. On the fixed-line, Broadband and Television platforms, the company ended the quarter with 80 million revenue-generating units. The telco operates in multiple regions, namely Mexico, Brazil, Colombia, Peru, Ecuador, Argentina, Central America, the Caribbean, Austria and Other European countries. Argentina’s revenues came in at ARS 907,675 million, up 6.9% from the year-ago quarter. The upside resulted from an inflation-adjusted basis, while service revenues rose 7.6%. Mobile service revenues increased 9.6%, driven by faster postpaid growth, which accelerated from 8.3% in the previous quarter to 10.6% in the current period. Meanwhile, Claro continued to expand its 5G network to deliver superior quality and speeds to customers across Argentina. The reported data for Argentina are presented in line with IAS29, reflecting the implications of inflationary accounting, as the Argentinean economy is “deemed” to be hyperinflationary for the first quarter of 2026. The company also stated that Argentina would be excluded from all comparisons in consolidated data at constant exchange rates to maintain consistency. Brazil’s revenues increased 6.8% to BRL $13,304 million, owing to continued strength across Service and Equipmen...

Badger Meter, Inc. BMI reported earnings per share (EPS) of 93 cents for first-quarter 2026, which missed the Zacks Consensus Estimate by 22.5%. The bottom line compared unfavorably with the year-ago quarter’s EPS of $1.30. Quarterly net sales were $202.3 million, down 9% from $222.2 million in the year-ago quarter due to delayed project deployments and weaker-than-expected short-cycle order activity. The Zacks Consensus Estimate was pegged at $230.1 million. Management highlighted that the year-over-year decline in revenue and the associated operating leverage primarily stemmed from fluctuations in project timing and short-cycle customer ordering patterns, rather than any deterioration in underlying demand, competitive positioning, or long-term market drivers. The company maintains confidence in its outlook, supported by a solid pipeline of awarded projects set to commence in the second half of 2026 and a robust multi-year opportunity funnel. Amid this near-term variability, the company remains focused on executing its long-term strategy. As part of this effort, it has announced a definitive agreement to acquire UDlive, a U.K.-based provider of hardware-enabled software solutions for sewer line monitoring. The addition of UDlive enhances the SmartCover platform by broadening sewer line monitoring capabilities across diverse use cases, network conditions and geographies. These solutions strengthen the company’s leadership in a growing global market driven by aging infrastructure, evolving regulatory requirements and climate-related challenges. Furthermore, UDlive bolsters the BlueEdge suite, enabling utilities to gain deeper, actionable insights across the water cycle, while expanding the company’s presence and supporting the growth of higher-margin, recurring software revenue over time. Image Source: Zacks Investment Research BMI’s shares fell 24% on Friday, closing at $115.54 in response to the weaker-than-expected results. In the past six months, shares have lost 34.5% against the Zacks Instruments-Control industry’s growth of 4.9%. In the quarter under review, utility water sales decreased 10% year over year. The decline was due to project timing variability and softer short-cycle municipal customer orders, partially offset by strength in SaaS, SmartCover, water quality and network monitoring solutions. Flow instrumentation sales decreased 4% year over y...

BlackBerry Limited (NYSE:BB) is one of the Best Rising Penny Stocks to Buy Now. On April 9, BlackBerry Limited (NYSE:BB) released its fiscal Q4 2026 earnings. The company posted $156 million in revenue, reflecting 10.09% year-over-year growth and topped expectations by $11.45 million. The EPS of $0.06 also exceeded the consensus by $0.02. Management attributed growth to the QNX segment, which posted a record quarterly revenue of $78.7 million, reflecting more than 20% year-over-year growth. Moreover, the QNX royalty backlog increased to approximately $950 million. Notably, the company also improved its adjusted EBITDA by 71% year-over-year and GAAP operating income by $30.9 million year-over-year. Looking ahead, management expects fiscal Q1 2027 revenue in the range of $132 million to $140 million, with QNX segment revenue expected to be around $60 million to $64 million. Following the release, on April 10, Canaccord Genuity reiterated a Hold rating on the stock and lowered the price target from $4.6 to $4.4. Earlier, on April 9, RBC Capital had also maintained a Hold rating on the stock with a price target of $4.5. BlackBerry Limited (NYSE:BB) is a Canadian provider of intelligent security software and services to both enterprises and government organizations. Incorporated in 1984, the company operates through three segments: Secure Communications, QNX, and Licensing. While we acknowledge the potential of BB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Hot Growth Stocks to Invest in Right Now and 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. Disclosure: None. Follow Insider Monkey on Google News.

BlackBerry Limited BB reported fourth-quarter fiscal 2026 non-GAAP earnings per share (EPS) of 6 cents. The figure beat the company’s estimate of 3-5 cents. In the year-ago quarter, it reported a non-GAAP EPS of 3 cents. The Zacks Consensus Estimate was pegged at 5 cents per share. BlackBerry reported quarterly revenue of $156 million, surpassing the top end of its guidance ($138-$148 million), driven by stronger-than-expected sales across both its QNX and Secure Communications divisions. Revenue also increased 10% year over year. BlackBerry Limited price-consensus-eps-surprise-chart | BlackBerry Limited Quote For fiscal 2027, BlackBerry expects QNX revenue of $290–$307 million, with the higher end implying nearly 15% growth and serving as its target. However, due to macroeconomic uncertainty, it has included some downside risk into the lower end of the range. The company continues to invest in QNX to leverage growth opportunities and anticipates this will generate adjusted EBITDA of $69–$81 million for the year. It expects Secure Communications to return to full-year growth for the first time in six years, marking a crucial inflection point. Growth is being propelled by digital sovereignty tailwinds and investments such as Secusmart iOS support, FedRAMP High for AtHoc and UEM BSI certification, which are stabilizing UEM and boosting AtHoc and Secusmart. Fiscal 2027 revenue is projected to grow 4–8% to $270–$280 million, with adjusted EBITDA forecasted at $57–$65 million. BlackBerry’s licensing business remains a stable source of cash flow and profitability, with revenue of about $24 million and adjusted EBITDA of roughly $20 million. Overall, the company expects fiscal 2027 revenue to grow 6–11% to $584–$611 million, with adjusted EBITDA of $110–$130 million and non-GAAP EPS rising to 15–19 cents, excluding any potential share repurchases. Stronger cash conversion is expected to drive full-year operating cash flow to approximately $100 million, nearly doubling year over year. Following better-than-anticipated performance, BB’s shares rose 8.22% in trading and closed at $3.82 yesterday. Shares also gained 2.3% in today’s pre-market trading. The stock has gained 21.7% over the past year, outperforming the Zacks Internet-Software industry’s fall of 0.3%. Image Source: Zacks Investment Research QNX delivered record quarterly revenue of $78.7 million, up 20% yea...

BlackBerry, which now focuses on building software for car markers and industrial companies, reports better-than-expected quarterly adjusted earnings.

Simulations Plus, Inc. SLP reported second-quarter fiscal 2026 adjusted earnings of 35 cents per share, surpassing the Zacks Consensus Estimate by 29%. The bottom line also compared favorably with the prior-year quarter’s 31 cents. Simulations Plus reported quarterly revenue of $24.3 million, marking an 8% year-over-year increase. This growth reflects continued demand for its core offerings, especially in drug discovery and development. The software segment remains the backbone of the company’s business model. Growth was driven by strong adoption of discovery and development solutions — areas where AI and modeling tools are becoming increasingly indispensable in biopharma workflows. However, SLP noted a decline in clinical operations software, which appears to be a structural shift rather than a temporary dip. The company continues to see strong momentum in new client acquisition (logo additions) alongside ongoing upselling efforts, contributing to an 18% increase in backlog and strong visibility into future revenues. On the macro front, management highlighted an improving funding environment for biopharma clients, easing tariff pressures and the growing adoption of new approach methodologies. These factors are driving higher client activity, as reflected in robust renewals and bookings. The company’s ability to grow both software and services while expanding margins suggests a healthy, scalable business model. In response to the results, SLP’s shares climbed 18% in pre-market today. Simulations Plus, Inc. price-consensus-eps-surprise-chart | Simulations Plus, Inc. Quote Fiscal second-quarter revenues from Software (60% of total quarterly revenues) rose 9% year over year to $14.6 million. Software revenue was led by Development products, mainly GastroPlus and MonolixSuite, which contributed 78%, while Discovery products, primarily ADMET Predictor, accounted for 19%, and Clinical Ops products, led by Proficiency, made up the remaining 3%. SLP ended the quarter with 297 commercial clients, generating average revenue of $124,000 per client and an 91% renewal rate. SLP’s top 25 customers account for roughly 46% of its total software revenue, with this group remaining highly stable, reflected in 100% logo retention and gross revenue retention exceeding 90%. Services’ revenues (40%) improved 8% to $9.7 million. For the quarter, development services (biosimulation)...