BlackBerry Shares Rise Over 20% After Q1 Profit Surges by 347%
BlackBerry (BB) shares climbed nearly 20% after the company reported a significant increase in first-quarter net income, which quadrupled to $8.5 million from $1.9 million year-over-year. The strong performance was driven primarily by growth in its QNX business and secure communications segment.
Topics: BlackBerry net income QNX business revenue growth Secure Communications