BlackBerry reports $11 million Q2 loss, crushes Wall Street’s estimates

[Wireless News]

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-111543891.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. On a GAAP basis, the company posted a $207 million loss, a huge improvement from the $985 million loss BlackBerry posted in the year-ago quarter. The company said that revenue for the fiscal second quarter was-$916 million, which breaks down as-approximately 46% for hardware, 46%



More... (http://news.yahoo.com/blackberry-reports-11-million-q2-loss-crushes-wall-111543891.html)