Smartphone firm BlackBerry Restricted (NYSE: BB) has reported complete revenues of $168 million for the second quarter of 2023, in comparison with $175 million in the identical interval final 12 months.
Through the three-month interval, the tech agency incurred a web lack of $54 million or $0.10 per share, in comparison with a lack of $144 million or $0.25 per share within the prior-year quarter. Second-quarter adjusted loss, on a per-share foundation, was $0.05 per share, in comparison with a lack of $0.06 per share in the identical interval of final 12 months.
Test this area to learn administration/analysts’ feedback on BlackBerry’s Q2 2023 earnings
“Our IoT enterprise continues to achieve market share, and design-phase income remained at near-record ranges. A serious design win within the quarter was with Volkswagen, who selected QNX for his or her new VW.OS, to be deployed throughout all Volkswagen group manufacturers. IVY stays firmly on observe, with the newest product launch in August, proof of idea trials progressing effectively, and the IVY fund persevering with to spend money on thrilling ecosystem companions,” stated John Chen, CEO of BlackBerry.
Originally published at San Diego News HQ
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