BlackBerry: Fiscal Q2 Earnings Snapshot

September 27, 2022 GMT

WATERLOO, Ontario (AP) _ BlackBerry Ltd. (BB) on Tuesday reported a loss of $54 million in its fiscal second quarter.

On a per-share basis, the Waterloo, Ontario-based company said it had a loss of 9 cents. Losses, adjusted for one-time gains and costs, came to 5 cents per share.

The cybersecurity software and services company posted revenue of $168 million in the period.

BlackBerry shares have declined 46% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.09, a decrease of 50% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BB at https://www.zacks.com/ap/BB