BlackBerry Reports Near 6% Rise in Quarterly Revenue

Technology

September 24th, 11:23am

Asharq Al-Awsat

BlackBerry Reports Near 6% Rise in Quarterly Revenue

Canada's BlackBerry Ltd reported a near 6% rise in quarterly revenue on Thursday, as demand for its security software suite, Spark, and its QNX car software rose. Total revenue for the second quarter ended Aug. 31 was $259 million, higher than analysts' estimates of $237.6 million, according IBES data from Refinitiv. Net loss narrowed to $23 million, or 4 cents per share, from $44 million, or 10 cents per share, a year earlier.

from Asharq AL-awsat https://english.aawsat.com/home/article/2526756/blackberry-reports-near-6-rise-quarterly-revenue