It seems that BlackBerry has some life left in it.
The company reported [Warning: PDF] a narrower third-quarter loss than analysts estimated as software revenue kicked in from its acquisition of Good Technology Corp. Shares soared in early trading.
The loss excluding certain items was 3 cents a share. Analysts predicted a loss of 14 cents. Revenue was $557-million compared with projections for $488.8-million.
So, while they didn’t make money, BlackBerry did better than expected this quarter. We’ll have to see if this is an upward trend that continues.
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This entry was posted on December 18, 2015 at 8:44 am and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed.
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BlackBerry Defies The Street In Their Latest Earnings Report
It seems that BlackBerry has some life left in it.
The company reported [Warning: PDF] a narrower third-quarter loss than analysts estimated as software revenue kicked in from its acquisition of Good Technology Corp. Shares soared in early trading.
The loss excluding certain items was 3 cents a share. Analysts predicted a loss of 14 cents. Revenue was $557-million compared with projections for $488.8-million.
So, while they didn’t make money, BlackBerry did better than expected this quarter. We’ll have to see if this is an upward trend that continues.
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This entry was posted on December 18, 2015 at 8:44 am and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.