BlackBerry Ltd. beat analyst estimates in the fourth quarter as North American customers fuelled growth for the former smartphone company, which now generates its revenue from software, services and intellectual property. “We believe total revenue growth is a significant milestone to both the company and our shareholders,” BlackBerry chief executive John Chen said on a conference call following the release of its results. Article Continued BelowIts revenue, reported in U.S. currency, totalled $255 million, up from $233 million and above analyst estimates. On an adjusted basis, BlackBerry said it earned 11 cents per share for the quarter, also better than expected. Analysts on average had expected a profit of six cents per share on revenue of $241.3 million, according to Thomson Reuters Eikon.

Source: thestar March 29, 2019 11:15 UTC