BlackBerry: Fiscal Q3 Earnings Snapshot

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Thursday reported a loss of $11 million in its fiscal third quarter.

On a per-share basis, the Waterloo, Ontario-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.

The cybersecurity software and services company posted revenue of $143 million in the period.

For the current quarter ending in February, BlackBerry said it expects revenue in the range of $126 million to $135 million.

The company expects full-year revenue in the range of $517 million to $526 million.

In the final minutes of trading on Thursday, the company’s shares hit $2.98. A year ago, they were trading at $4.21.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up