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IT

BlackBerry adjusted earnings better than expected as annual sales grow 20%

Wednesday 1 April 2020 | 09:07 CET | News
Blackberry reported a net loss of USD 41 million for its fiscal fourth quarter to February, compared to a profit of USD 51 million a year earlier due to a number of one-time charges for asset writedowns and debt. Over the full year, the company recorded a loss of USD 152 million versus a profit of USD 93 million a year earlier. Adjusted annual earnings fell to USD 0.13 per share from USD 0.24, but were better than the group's guidance of USD 0.08. 

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Categories: IT
Companies: BlackBerry
Countries: World
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