The enterprise stated quarterly sales of $224 million, which beat the analyst consensus estimate of $219.seventy two million by means of 1.ninety five%. here's a 20% lower over income of $280.00 million in the identical period ultimate year.
"This quarter we delivered pleasing new know-how releases, particularly our AI-driven BlackBerry Cyber Suite," said John Chen, government chairman and CEO of BlackBerry.
BlackBerry shares have been trading down 1.fifty seven% at $eight.13 in Thursday's after-hours session. The inventory has a fifty two-week excessive of $9.sixty nine and a 52-week low of $2.70.
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