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

By

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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA's leaders are keeping a close watch on AI metrics

CBA's leaders are keeping a close watch on AI metrics

Westpac turns to AIOps and event-driven automation

Westpac turns to AIOps and event-driven automation

Suncorp deploys Duck Creek at AAMI

Suncorp deploys Duck Creek at AAMI

IAG uses GenAI to decide whether to send tradies for 'make safe' repairs

IAG uses GenAI to decide whether to send tradies for 'make safe' repairs

Log In

  |  Forgot your password?