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BlackBerry Reports Near 6% Rise in Quarterly Revenue

BlackBerry Reports Near 6% Rise in Quarterly Revenue

Thursday, 24 September, 2020 - 11:15

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.


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