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Blackberry First-Quarter Breakeven Tops Expectations, Revenue Falls


Ron Burgundy
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File photo of Blackberry sign seen in front of their offices on the day of their annual general meeting for shareholders in WaterlooBy Alastair Sharp and Allison Martell TORONTO (Reuters) - BlackBerry Ltd broke even in the first quarter, topping expectations, and forecast a smaller-than-expected annual loss on Thursday, even as its revenue fell sharply. Shares of the smartphone industry pioneer rose more than 4 percent in premarket trading. The Canadian company, which has shifted focus from its once-dominant smartphones to the software that companies and governments need to manage their devices, said it expects to post an adjusted annual loss of around 15 cents per share.




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