BlackBerry Earnings Show Signs Of Stabilization Under New CEO
Finally, some good news for BlackBerry . The Canadian smartphone maker reported its earnings results for the first-quarter for fiscal year 2015 on Thursday. To the surprise of many analysts, the company managed to report a small profit — $23 million, thanks to accounting adjustments under General Accepted Accounting Principles. BlackBerry’s cash and investment balance is now at $3.1 billion at the end of quarter one for 2014, up from $2.7 billion the prior quarter.
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