BlackBerry Reports $42 Million Loss in Fiscal Q1

Reported about 1 year ago

BlackBerry Ltd. reported a loss of $42 million in its fiscal first quarter, with a loss of 7 cents per share. Adjusted losses were 3 cents per share. The cybersecurity company posted revenue of $144 million and expects a loss in the range of 4 to 2 cents per share for the next quarter, with revenue projected to be between $136 million to $144 million. Full-year results are anticipated to have a loss between 7 to 3 cents per share, with revenue between $586 million to $616 million.

Source: YAHOO

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