Mobile firm Blackberry registers $28m profit in fourth quarter
March 29 , 2015
Blackberry registered a net profit of $28 million for the fourth quarter, exceeding estimates, compared to a $148 million loss posted last year.
However, revenues for the Canadian mobile phone company dropped from $793 million to $660 million, falling below expectations.
The firm has registered a surprise profit for the second straight quarter.
John Chen, Blackberry’s chief executive, said in a statement that the firm had a “very good handle on our margins” and its “product roadmaps” had been well received.