BlackBerry: Fiscal Q1 Earnings Snapshot

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Wednesday reported a loss of $42 million in its fiscal first quarter.

The Waterloo, Ontario-based company said it had a loss of 7 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 3 cents per share.

The cybersecurity software and services company posted revenue of $144 million in the period.

For the current quarter ending in August, BlackBerry expects its results to range from a loss of 4 cents per share to a loss of 2 cents per share.

The company said it expects revenue in the range of $136 million to $144 million for the fiscal second quarter.

BlackBerry expects full-year results to range from a loss of 7 cents per share to a loss of 3 cents per share, with revenue ranging from $586 million to $616 million.

In the final minutes of trading on Wednesday, the company’s shares hit $2.21. A year ago, they were trading at $4.78.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on BB at

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