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Wireless

BlackBerry back in the red in Q3, despite new record for software and services

Wednesday 20 December 2017 | 14:23 CET | News
BlackBerry said it again reported record software and services revenue, for the second quarter in a row, though it moved back into the red. About 75 percent of the software and service revenue (excluding IP licensing and professional services) was recurring. Total revenues for the fiscal third quarter to end November however fell to USD 226 million from 289 million the year before and 238 million in the previous quarter. Market watchers said the results did beat market expectations.

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Categories: Mobile & Wireless
Companies: BlackBerry
Countries: World
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