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Benzinga
Benzinga
Business
Anusuya Lahiri

BlackBerry Stock Slips Despite Strong Q2, CEO Highlights Shift To System-Critical Software And Margin Gains

Blackberry

BlackBerry (NYSE: BB) stock dropped after it released its second-quarter results on Thursday. 

The Details: BlackBerry reported quarterly earnings of $0.04 per share, which beat the analyst consensus estimate of $0.01. Quarterly revenue of $129.6 million, up 3% year-over-year, beating the Street estimate of $122.1 million.

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