UPDATE: BlackBerry Posts FQ2 Loss
BlackBerry (NASDAQ: BBRY) reported a wider fiscal second-quarter loss.
BlackBerry posted a quarterly loss of $965 million, or $1.84 per share, versus a year-ago loss of $229 million, or $0.44 per share. Its adjusted net loss from continuing operations came in at $0.47 per share.
Its revenue dropped 45% to $1.6 billion from $2.9 billion. However, analysts were expecting a loss of $0.49 per share on revenue of $1.61 billion.
BlackBerry shares rose 0.13% to $7.96 in pre-market trading.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.