20.12.2014 21:28 Uhr, Quelle: MacNN

BlackBerry creeping closer to profit with $148 million quarterly loss

Cellphone manufacturer BlackBerry has published its most recent quarterly results. While the company is trumpeting a return to profitability, it still incurred a fair value debenture charge, forcing the company to post a $148 million loss on the quarter, or $0.28 per share. Without the debenture, it would have posted a modest profit of $2 million. While it appears that the cost-cutting measures are starting to pay off given the improvement in the loss numbers, the company showed a 34 percent drop in revenue over the year-ago-quarter, suggesting that the road ahead for the company is still chal

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