BlackBerry has reported fiscal second-quarter net income of $US19 million, after reporting a loss in the same period a year earlier.
The Canadian company said it had net income of 4 cents per basic share. On a diluted basis - assuming conversion of the company's convertible debentures - the loss was 7 cents per share. Adjusted for one-time gains and costs, income was 5 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The cybersecurity software and services company posted revenue of $US238 million in the period. Its adjusted revenue was $US249 million.
BlackBerry expects full-year adjusted revenue in the range of $US920 million to $US950 million.
BlackBerry shares have increased 44 per cent since the beginning of the year. The stock has risen 26 per cent in the past 12 months.
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