Blackberry Shares Tumble On Revenue Miss, Ignoring Analyst Upgrade By Investing.com
By Dhirendra Tripathi Investing.com – BlackBerry (NYSE:BB) shares fell a sharp 9% Wednesday after the company’s February quarter revenue came in below expectations. BlackBerry matched estimates with adjusted quarterly earnings of 3 cents per share. But revenue of $210 million for the quarter was down 25% from a year ago. The net loss of $315 million was more than seven times from a...
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