Canada’s most well-known tech company is finally back in the black.
Struggling smartphone maker BlackBerry today reported a profit of $23 million, or 4 cents a share, on total revenue of $966 million. That net income is based on generally accepted accounting principles (GAAP), which consider the company’s real estate sales and a tax refund. Excluding those items, BlackBerry’s adjusted loss for the first fiscal quarter of 2015 totaled $60 million, or 11 cents a share — substantially less than the 26 cents per share loss analysts anticipated.
Image: Flickr/Janitors
To read the original article: Hey wow, BlackBerry reports a tiny profit | VentureBeat | Business | by Eric Blattberg
