Quarterly adjusted earnings and revenue of BlackBerry exceeded expectations

Following the results of the first fiscal quarter ended May 31, Canadian software maker BlackBerry posted a net loss of $60 million compared with a net profit of $671 million a year earlier. At the same time, the adjusted profit of BlackBerry was 3 cents per share, surpassing the forecasts of analysts who had expected a zero profit. Revenue for the period fell by 9.4% to $213 million, the analysts had predicted $208 million. Since the beginning of this year, the company's capitalization has grown by 4.7%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: