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BlackBerry shares plunge to near 4-year low on outlook cut, revenue miss

By Debroop Roy and Arunima Kumar

Sep 25 2019 6:56AM

Hurt by weakness in sales of enterprise software.

BlackBerry shares plunge to near 4-year low on outlook cut, revenue miss

Canada's BlackBerry Ltd missed quarterly revenue estimates and cut the top end of its full-year forecast on Tuesday, hurt by weakness in sales of enterprise software, sending its shares down as much as 19 percent to near four-year lows. Once known for its phones before losing out to Apple Inc's ...

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