Thursday, June 19, 2014

$BBRY beats expectations, up 13% in pre-market trading


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The embattled smartphone company reported net income of $23 million, or 4 cents per share, for the three months ended May 31. It had reported a loss of $84 million, or 16 cents per share, a year ago.


Excluding unusual items, its adjusted loss was 11 cents per share in the latest period. Analysts surveyed by FactSet expected a loss of 35 cents per share.



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Thoughts on this?







Submitted June 19, 2014 at 09:19AM by gnbuttnaked http://ift.tt/1piRXtg

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