Wireless News
06-28-2013, 07:50 AM
Just as BlackBerry surprised investors last quarter by posting a profit, so too has it surprised this quarter by posting a loss. The company on Friday reported a fiscal first-quarter loss of $0.13 per share, missing expectations that it would post a profit of $0.06 per share. The company recorded revenues of $3.1 billion, which also missed the consensus projection of $3.36 billion. The company shipped a total of 6.8 million smartphones in the quarter, and it did not state how many of those were BlackBerry 10 devices..BlackBerry shares plummeted more than 17% during Friday’s pre-market session following the company’s earnings report. BlackBerry’s full press release follows below. BlackBerry Reports First Quarter Fiscal 2014 Results WATERLOO, ONTARIO–(Marketwired – June 28,
More... (http://news.yahoo.com/blackberry-back-red-posting-surprise-q1-loss-111711477.html)
More... (http://news.yahoo.com/blackberry-back-red-posting-surprise-q1-loss-111711477.html)