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BlackBerry: Fiscal Q4 Earnings Snapshot

BlackBerry: Fiscal Q4 Earnings Snapshot

By AP News
Published - Apr 03, 2024, 05:45 PM ET
Last Updated - Apr 03, 2024, 05:45 PM EDT

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Wednesday reported a loss of $56 million in its fiscal fourth quarter.

The Waterloo, Ontario-based company said it had a loss of 10 cents per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 3 cents per share.

The cybersecurity software and services company posted revenue of $173 million in the period.

For the year, the company reported that its loss narrowed to $130 million, or 22 cents per share. Revenue was reported as $853 million.

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