BlackBerry posts small profit, revenue weak

There was a surprise from BlackBerry today as the Ontario firm revealed it made a profit in the fourth quarter but revenue was far lower than the markets expected.

There was a surprise from BlackBerry today as the Ontario firm revealed it made a profit in the fourth quarter but revenue was far lower than the markets expected. The firm reports in US dollars and revealed profit of U$28 million; that’s large turnaround from the U$423 million loss a year earlier. However revenues were U$660 million which is not only U$126 million lower than expected but 32 per cent down on the same period in 2013.

 

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