BlackBerry misses 4Q revenue estimates despite recovery in software sales

BlackBerry misses 4Q revenue estimates despite recovery in software sales

The Edge Markets - World·2021-03-31 15:02

(March 31): Canada's BlackBerry Ltd missed Wall Street estimates for fourth-quarter revenue on Tuesday, even as the company said sales of its QNX car software showed improvement.

U.S.-listed shares of BlackBerry, which sells security software to companies and governments as well as infotainment software to carmakers, fell nearly 4% in extended trading.

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