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BlackBerry Turns To Profit In Q3

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

BlackBerry Limited (BB,BB.TO) reported that its third-quarter net income was $74 million compared to a loss of $130 million in the prior year. On a per share basis, net loss narrowed to $0.05 from $0.23 in the previous year.

On a non-GAAP basis, results were break even per basic share compared to earnings of $0.02 per share in the prior year.

Revenue for the third-quarter declined to $184 million from $218 million in the previous year.

The company said it will provide fourth fiscal quarter 2022 outlook in connection with the quarterly earnings announcement on its earnings conference call.

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