BlackBerry beats revenue estimates as it reaps the rewards of Cylance acquisition

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BlackBerry’s adjusted revenue rose 23 per cent to US$267 million in the first quarter, beating the average analyst estimate of US$265 million

Software maker BlackBerry Ltd. on Wednesday beat analysts’ expectations for quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance.

In the first quarter, adjusted revenue from Cylance was US$51 million, above the average analyst estimate of $48.8 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines