BUZZ-BlackBerry Ltd: Smaller quarterly loss

Fri Sep 26, 2014 7:39am EDT
 
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** Canadian smartphone maker's U.S.-listed shares up 3.8 pct at $10.18 premarket

** Q2 net loss narrows to $207 million, or 39 cents per share, from $965 million, or $1.84 per share, a year earlier in early sign turnaround efforts may be working

** On adjusted basis, company reports a loss of 2 cents/ share, vs. average analyst estimate of loss of 16 cents/share

** But Q2 revenue of $916 mln well down from $1.6 billion a year earlier

** Up to Thursday's close, stock had risen 31.72 pct on Nasdaq this year