BlackBerry Forecasts Lower-Than-Expected 4Q Revenue

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By Ben Glickman


BlackBerry forecast lower-than-expected revenue in its current quarter.

The Waterloo, Ontario-based cybersecurity company said it was expecting total revenue of $150 million to $159 million in the quarter ended Feb. 29, compared with $151 million in the year-ago period.

Analysts polled by FactSet are expecting fourth-quarter revenue of $180.9 million.

The company’s loss widened in the third quarter despite revenue rising ahead of analysts’ expectations.


Write to Ben Glickman at [email protected]


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