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Blackberry revenues drop to USD 464 mln on write-downs
2016-04-01 18:26:00| Telecompaper Headlines
(Telecompaper) Blackberry revenues for the fourth quarter fell to USD 464 million from 660 million the year before, pulled down by write-downs associated with recent acquisitions. The net result sank to a loss of USD 238 million or USD 0.45 per share, from a gain of 28 million or 0.05 per share, reflecting negative one-offs and amortisation, as well as pre-tax charges of USD 192 million related to restructuring and acquisition costs.
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Category:Telecommunications