BlackBerry Posts Promising Q4 Results After BB10 Launch: EPS Of $0.22, Revenue Of $2.7B, ~1M Z10s ShippedPosted: 28/03/2013
For the past year BlackBerry has been trying to prove to the world that it’s not a mobile has-been just yet, and that all came to a head earlier this year when the company finally released the BlackBerry 10 mobile OS to the masses. While the company’s future is still unclear, BlackBerry released its fiscal Q4 2013 earnings early this morning and they’re more impressive than you would expect for a company going through some major upheavals.
BlackBerry reported earnings of $0.22 per share on $2.7 billion in revenue — that works out to an adjusted net income of $114 million. That may not seem great at first glance, but bear in mind the rough patch that the company has been going through (not to mention the lowered forecasts that come with it). Wall Street’s expectations for the ailing Canadian company were pretty grim — the consensus according to Bloomberg…
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