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View Full Version : BlackBerry reports $11 million Q2 loss, but crushes Wall Street’s estimates



Wireless News
09-26-2014, 08:00 AM
http://l3.yimg.com/bt/api/res/1.2/A.Sf9tSIe98UeTMsLOW0Xw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9Njk7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/blackberry-sign-23.jpg (http://news.yahoo.com/blackberry-reports-11-million-q2-loss-crushes-wall-111543372.html)BlackBerry on Friday reported earnings for the fiscal second quarter of 2015, crushing Wall Street’s estimates and sending the stock soaring in pre-market trading on Friday. The struggling mobile pioneer couldn’t quite swing to a profit in the second quarter, posting a non-GAAP loss of $11 million, or $0.02 per share. Wall Street had expected a much larger loss of $0.16 per share, however, and BlackBerry’s stock shot up more than 8% as a result. The company said that revenue for the fiscal second quarter was-$916 million, which breaks down as-approximately 46% for hardware, 46% for services and 8% for software and other revenue. BlackBerry said it shipped just 2.4 million smartphones during the quarter. BlackBerry’s full press release follows



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