WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Thursday reported a loss of $19 million in its fiscal second quarter.
The Waterloo, Ontario-based company said it had a loss of 3 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to less than 1 cent on a per-share basis.
The cybersecurity software and services company posted revenue of $145 million in the period.
For the current quarter ending in November, BlackBerry expects its results to range from a loss of 1 cent per share to earnings of 1 cent per share.
The company said it expects revenue in the range of $146 million to $154 million for the fiscal third quarter.
BlackBerry expects full-year results to range from a loss of 5 cents per share to a loss of 2 cents per share, with revenue ranging from $591 million to $616 million.
In the final minutes of trading on Thursday, the company’s shares hit $2.54. A year ago, they were trading at $4.88.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BB at https://www.zacks.com/ap/BB
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