By Euan Rocha and Alastair Sharp TORONTO (Reuters) - BlackBerry Ltd posted a surprise quarterly profit on Friday and said it is pushing to end a slide in its revenue in this fiscal year, sending the stock up as much as 5.1 percent. We're now turning our attention to revenue stabilization," BlackBerry Chief Executive John Chen said on a conference call. Chen plans to grow BlackBerry's small but high-margin software division by moving more customers onto its products, including a system that allows companies and government agencies to manage multiple employee devices. The stock rose as high as $9.77, before easing to $9.59, up 3.1 percent on the Nasdaq, despite a much bigger-than-expected decline in fiscal fourth quarter revenue.
via Tech News Headlines - Yahoo News http://ift.tt/1FQyxaE
Brak komentarzy:
Prześlij komentarz