Blackberry turns a quarterly profit thanks to Qualcomm’s $940 million arbitration payment (BBRY)

AP (Reuters) – Canada’s BlackBerry Ltd reported a fall in first quarter revenue that missed estimates as it received fewer orders from its enterprise customers, sending the company’s U.S.-listed shares down 6 percent in premarket trading. The company said it got more than 3,000 orders from enterprise customers in the quarter, down from over 3,500 […]

BlackBerry’s loss shrinks (BBRY)

REUTERS/Aaron Harris (Reuters) – Canada’s BlackBerry Ltd, reported better-than-expected quarterly earnings on Friday, as operating costs nearly halved, and said it expects to be profitable on an adjusted basis in 2018. The company’s U.S.-listed shares were up nearly 5 percent at $ 7.29 before the bell. BlackBerry has shifted away from making its once-iconic smartphones […]