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Blackberry Has Strong Earnings

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Blackberry Has Strong Earnings

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Entertainment (now)

2 Views • Sep 29, 2018

Description


Blackberry posted second-quarter results that beat on both the top and bottom lines. The company said revenue from its main business — software and services — will grow 8-10% year-over-year, and that adjusted earnings per share will be positive for fiscal year 2019. The smartphone brand said that it earned $0.04 a share, topping the $0.01 gain that analysts surveyed by Bloomberg were expecting. It reported revenue of $214 million revenue, edging out the $210 million that was expected.