BlackBerry Ltd reported a slightly wider than expected adjusted loss on Tuesday, however shares in the company rose over 8 percent as its revenue slide began to show signs of stalling and its turnaround begins to slowly gain traction. Analysts, on average, were expecting a loss of 3 cents a share, according to Thomson Reuters I/B/E/S. Quarterly revenue was $658 million in the period, slightly lower than the prior quarter.
More...
Bookmarks