BUZZ-BlackBerry Ltd: Lower-than-expected Q2 revenue

Fri Sep 26, 2014 8:16am EDT
 
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(Updates)

** Canadian smartphone maker's U.S.-listed shares down 3.2 pct at $9.49 premarket

** Company reported Q2 revenue of $916 million, below average analyst estimate of $949.6 million

** Stock rose earlier as Q2 net loss narrowed to $207 million, or 39 cents per share, from $965 million, or $1.84 per share, a year earlier

** Company reported adjusted loss of 2 cents per share, much smaller than average analyst estimate of 16 cents

** Up to Thursday's close, stock had risen 31.7 pct this year