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BlackBerry Limited (BB, BB.TO) reported that its third-quarter net income was $74 million compared to a loss of $130 million in the prior year. On a per share basis, net loss narrowed to $0.05 from $0.23 in the previous year.


RTTNews | Dec 21, 2021 09:26PM EST

21:25 Tuesday, December 21, 2021 (RTTNews.com) - BlackBerry Limited (BB, BB.TO) reported that its third-quarter net income was $74 million compared to a loss of $130 million in the prior year. On a per share basis, net loss narrowed to $0.05 from $0.23 in the previous year.

On a non-GAAP basis, results were break even per basic share compared to earnings of $0.02 per share in the prior year.

Revenue for the third-quarter declined to $184 million from $218 million in the previous year.

The company said it will provide fourth fiscal quarter 2022 outlook in connection with the quarterly earnings announcement on its earnings conference call.

Read the original article on RTTNews ( https://www.rttnews.com/3250942/blackberry-turns-to-profit-in-q3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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