The Zhitong Finance App learned that at the beginning of the US stock market on September 24 (Thursday), the Blackberry (BB.US) stock price rose 7.29% to 5.15 US dollars as of 22:27 Beijing time.
The second-quarter losses previously announced by the company were narrower than the same period last year, and the adjusted profit exceeded analysts' expectations. Blackberry recorded a loss of 23 million US dollars in the second quarter, compared to a loss of 44 million US dollars in the same period last year. The company's loss was 4 cents per share, compared to a loss of 10 cents per share for the same period last year.
Blackberry reported an adjusted profit of 11 cents per share. Analysts expect adjusted profit of 2 cents per share, according to FactSet data. The company's revenue was 259 million US dollars, up 6.1% from the comparable quarter of the same period last year. The adjusted revenue was $266 million, higher than Wall Street's expectations.