WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Thursday reported a fiscal fourth-quarter loss of $495 million, after reporting a profit in the same period a year earlier.
The Waterloo, Ontario-based company said it had a loss of 85 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 2 cents per share.
The cybersecurity software and services company posted revenue of $151 million in the period.
For the year, the company reported a loss of $734 million, or $1.35 per share, swinging to a loss in the period. Revenue was reported as $656 million.
In the final minutes of trading on Thursday, the company’s shares hit $4. A year ago, they were trading at $7.59.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BB at https://www.zacks.com/ap/BB
Source: https://finance.yahoo.com/news/blackberry-fiscal-q4-earnings-snapshot-212846788.html