- BlackBerry Ltd (BB.TO)(BBRY.O) posted a fiscal fourth-quarter profit on Friday, offering some signs its turnaround efforts may be beginning to gain traction. Waterloo, Ontario-based BlackBerry reported a net profit of $28 million, or 5 cents a share, in the quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share. Excluding one-time items, the company quarterly profit was $20 million, or 4 cents a share. Quarterly revenue, however, slid to $660 million from $793 million. (Reporting by Euan Rocha; Editing by Jeffrey Benkoe)
Friday, March 27, 2015
BlackBerry reports fiscal fourth-quarter profit
- BlackBerry Ltd (BB.TO)(BBRY.O) posted a fiscal fourth-quarter profit on Friday, offering some signs its turnaround efforts may be beginning to gain traction. Waterloo, Ontario-based BlackBerry reported a net profit of $28 million, or 5 cents a share, in the quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share. Excluding one-time items, the company quarterly profit was $20 million, or 4 cents a share. Quarterly revenue, however, slid to $660 million from $793 million. (Reporting by Euan Rocha; Editing by Jeffrey Benkoe)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment