Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading.
BlackBerry BB reported a third-quarter loss of $4 million, or a loss of 9 cents a share on a diluted basis, versus net income of $74 million, or a loss of 5 cents a share on a diluted basis, in the year-ago period. The adjusted loss, which excluded stock-based compensation expenses and other items, was 5 cents a share basic, as the company... Cybersecurity and Internet-of-Things company BlackBerry Ltd.
BlackBerry BB reported a third-quarter loss of $4 million, or a loss of 9 cents a share on a diluted basis, versus net income of $74 million, or a loss of 5 cents a share on a diluted basis, in the year-ago period. The adjusted loss, which excluded stock-based compensation expenses and other items, was 5 cents a share basic, as the company did not provide a diluted per-share figure.Analysts surveyed by FactSet had forecast a loss of 8 cents a share on revenue of $164 million.
“Our IoT business has strong momentum and delivered a record quarter for design phase revenue, driven largely by design wins in core safety-critical auto and general embedded domains,” said John Chen, BlackBerry’s chief executive and chairman, in a statement. “It was also a strong quarter for product development, including a significant announcement with [Amazon Web Services] for QNX to be made available in the cloud.
Shares declined less than 1% after hours, following a 1% gain in the regular session to close at $4.15.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: denverpost - 🏆 13. / 72 더 많은 것을 읽으십시오 »