BlackBerry profits beat analyst estimates

Jamie McKane

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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]
 
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