Friday, April 1, 2016

BlackBerry software looks revenues rise sharply – NU.nl

That the company Friday announced at the presentation of quarterly results for the fourth quarter of its fiscal year 2016, which ran from December to February.

“We have clear grip and gained market share in the enterprise” says director John Chen. The company says on its way back to profitability in the coming year.

Earlier shrank BlackBerry huge and it had to do with big losses when the BlackBerry smartphone was overtaken by competitors like the iPhone and Android devices. Under Chen BlackBerry will include a focus on security and vehicle software.

Due to high restructuring costs turned BlackBerry in the quarter a net loss of $ 238 million (208 million) on revenue of $ 464 million (406 million euros). These costs are not included, then turns BlackBerry own words only a loss of 18 million dollars (16 million euros)

By:. NU.nl

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