Tag: $Blackberry

BlackBerry’s loss narrowed in the second quarter even as revenue was down from a year earlier.

BlackBerry forecast a 21.4% decline in its second-quarter revenue due to weakness in the Canadian technology company’s cybersecurity segment, sending its U.S.-listed shares nearly 10% lower in extended trading on Wednesday.

BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive sector.