WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Wednesday reported a lack of $56 million in its fiscal fourth quarter.
The Waterloo, Ontario-based firm mentioned it had a lack of 10 cents per share. Earnings, adjusted for asset impairment prices and restructuring prices, got here to three cents per share.
The cybersecurity software program and companies firm posted income of $173 million within the interval.
For the yr, the corporate reported that its loss narrowed to $130 million, or 22 cents per share. Income was reported as $853 million.
For the present quarter ending in Could, BlackBerry expects its outcomes to vary from a lack of 6 cents per share to a lack of 4 cents per share.
The corporate mentioned it expects income within the vary of $130 million to $138 million for the fiscal first quarter.
BlackBerry expects full-year outcomes to vary from a lack of 7 cents per share to a lack of 3 cents per share, with income starting from $586 million to $616 million.
Within the last minutes of buying and selling on Wednesday, the corporate’s shares hit $2.81. A yr in the past, they have been buying and selling at $4.53.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on BB at https://www.zacks.com/ap/BB
