Canadian software maker BlackBerry reported the results of its fourth fiscal quarter, which ended in late February. Net income received during the earnings period amounted to $51 million, whereas a year earlier a net loss of $10 million was recorded. Revenues amounted to 255 million dollars, an increase of 9%. The implementation of the software brought the company a record $248 million. Its growth was at the level of 14%. Both figures exceeded market forecasts, helped by licensing and intellectual property revenues, which jumped 71%. BlackBerry reported that since the beginning of the year its capitalization has increased by 42.5%.
European stocks fall despite strong earnings report from Nestle, Ericsson19.10.2020
European shares boost as strong earnings report boost market sentiment16.10.2020
China’s economy sees quarterly expansion as spending returns14.10.2020
Singapore GDP sees quarterly decline, plunges more than forecasts