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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