BlackBerry Turns to Profit and Beats Sales Estimates. The Stock Is Down
- Finance
William Murphy- 0
- 6 minutes read
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Cybersecurity company BlackBerry reported better-than-expected revenues Tuesday as customers moved in greater number to cloud-based software, with employees increasingly working from home.
The Ontario-based company said revenue fell to $183 million in the quarter ended in November, compared with $218 million in the same period of the previous year. Revenue from the cybersecurity division were at $128 million.
But…
BlackBerry Turns to Profit and Beats Sales Estimates. The Stock Is Down
Cybersecurity company BlackBerry reported better-than-expected revenues Tuesday as customers moved in greater number to cloud-based software, with employees increasingly working from home.
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