BlackBerry Ltd. beat analysts' profit estimates for its fourth quarter, and said it expects strong billings at its high-margin software and services business for the full year. BlackBerry, which had about 3,500 enterprise customer orders in the quarter, expects total company software and services billings growth to be in "double-digits" in 2019. BlackBerry's gross margins rose to 76 per cent of the revenue, from 60.1 per cent a year earlier. Excluding one-time items, the Waterloo, Ontario-based company earned 5 cents per share. Net loss narrowed to $10 million, or 6 cents per share, in the fourth quarter ended Feb. 28, from $47 million, or 10 cents per share, a year earlier.

Source: CBC News March 28, 2018 15:22 UTC