BlackBerry reports loss as smartphone sales keep sliding

Fri Mar 28, 2014 7:17am EDT
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TORONTO, March 28 (Reuters) - BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions.

The Waterloo, Ontario-based company reported a net loss of $423 million, or 80 cents a share, for the fourth quarter ended March 1. That compared with a year-earlier profit of $98 million, or $19 cents a share.

Revenue fell to $976 million from $2.68 billion. (Reporting by Euan Rocha, Allison Martell and Leah Schnurr; Editing by Lisa Von Ahn)