Monday January 27, 2020

BlackBerry misses profits estimates amid turnaround efforts

23rd June, 2015

BlackBerry has reported a first-quarter loss that missed analysts’ estimates as sales from smartphones dropped.

The loss excluding certain items was 5 cents a share in the period that ended May 30, Waterloo, Ontario-based BlackBerry said Tuesday in a statement. Analysts predicted a loss of 4 cents, the average of estimates compiled by Bloomberg.

Chief executive John Chen set a goal of doubling yearly software revenue to $500 million by March 2016 as the company seeks to...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

It’s not all high-flying IT and finance professionals – 60 per cent of workers in Ireland earn less than €30,000 a year and income and social class are a big influence on how people cast their ballot

Aidan Regan | 1 day ago

The former GAA star turned political hopeful has plenty of name-recognition on the ground in his home county, but faces stiff competition for a seat from the likes of rising star Saoirse McHugh

Daniel Murray | 1 day ago

Voters don’t fancy Leo Varadkar’s party to manage the housing and health service crises – a credibility gap which has seen its eternal rival pull ahead in the latest Red C poll

Michael Brennan | 1 day ago