BUZZ-BlackBerry Ltd: Set to post biggest pct loss in more than 2 months

Fri Apr 1, 2016 8:24am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Smartphone maker's U.S.-listed shares down 7.5 pct at $7.48

** Stock set to post biggest pct loss in more than two months

** Posts Q4 loss on restructuring, acquisition costs

** Q4 loss of 45 cents/share vs profit of 5 cents/share a year earlier

** Expects software and services revenue to grow around 30 pct; software and services contributed just under a third of its revenue

** Up to Thursday's close, stock had fallen nearly 13 pct this year