BlackBerry profits beat analyst estimates

Jamie McKane

MyBroadband Journalist
Joined
Mar 2, 2016
Messages
7,000
Reaction score
1,007
BlackBerry profits beat analyst estimates

BlackBerry Ltd. reported quarterly sales that beat analysts’ forecasts, extending a run of positive surprises on that metric to six quarters and signaling its reinvention as a software company is taking hold.

The company swung to a profit of $59 million in the quarter ended Nov. 30 from a loss of $275 million a year earlier.

[Bloomberg]
 
Top
Sign up to the MyBroadband newsletter