BlackBerry Turns to Profit and Beats Sales Estimates. The Stock Is Down

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Dec. 22, 2021 5:17 americium ET

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Cybersecurity institution BlackBerry reported better-than-expected revenues Tuesday arsenic customers moved successful greater fig to cloud-based software, with employees progressively moving from home.

The Ontario-based institution said gross fell to $183 cardinal successful the 4th ended successful November, compared with $218 cardinal successful the aforesaid play of the erstwhile year. Revenue from the cybersecurity part were astatine $128 million.

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BlackBerry Turns to Profit and Beats Sales Estimates. The Stock Is Down

Cybersecurity institution BlackBerry reported better-than-expected revenues Tuesday arsenic customers moved successful greater fig to cloud-based software, with employees progressively moving from home.

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