World & BusinessBlackBerry stock jumps as car software drives strong earnings
Barron's reports that BlackBerry posted fiscal second-quarter earnings of 7 cents a share, beating Wall Street's forecast of 4 cents.
TLDR
Car software drove BlackBerry's strong fiscal second-quarter earnings, and its stock jumped, Barron's reports. Earnings came in at 7 cents a share versus the 4 cents Wall Street expected. Sales reached $163.3 million, compared with expectations of $142.5 million.
BlackBerry stock jumps as car software drives strong earnings
Barron's reports that BlackBerry posted fiscal second-quarter earnings of 7 cents a share, beating Wall Street's forecast of 4 cents.
TLDR
Car software drove BlackBerry's strong fiscal second-quarter earnings, and its stock jumped, Barron's reports. Earnings came in at 7 cents a share versus the 4 cents Wall Street expected. Sales reached $163.3 million, compared with expectations of $142.5 million.