BlackBerry’s Q1 2021 Revenue Down 17%, Company’s CEO Assures Investors Recovery Is in Sight

Blackberry phone on wooden table

Source: Dreamstime

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The Canadian multinational company, formerly known as Research In Motion, announced its total GAAP revenue for its first quarter of fiscal 2021. The amount: $206 million, or а 17% decline year-over-year than the $247 million the company had generated for the same period last year.

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Expedia’s Shares Tumble by 15% As It Reports Fewer Bookings

Expedia loses money due to COVID-19.

Source: Depositphotos | Author: DeltaStock

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The price per share fell after the online travel company announced its weaker-than-usual earnings release for its first quarter of 2020. Expedia executives, however, remain optimistic, stating that they have observed higher booking activity in recent weeks and are hard at work coming up with new ways of promoting the business beyond investing in Google Ads campaigns.

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