Blackberry continued bleeding red in the three months ending May 31, extending a two-year losing streak as the Canadian smartphone maker restructures, according to quarterly financials filed Thursday. The Waterloo, Ontario-based company posted a loss of US$670 million while revenues plunged to US$424 million -- about two-thirds of last year's take during the same period and below analysts' estimates. Excluding hefty asset writedowns and restructuring charges, however, BlackBerry broke even in the fiscal 2017 first quarter.



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