June 23, 2017 / 11:40 AM / 5 months ago

BUZZ-Blackberry Ltd: Q1 revenue misses estimates

** U.S.-listed shares of Canadian software maker down 8.6 pct at $10.11 premarket

** Shares were up 3.5 pct ahead of results on Friday

** Company reports Q1 adj revenue of $244 mln, far below estimates of $264.4 mln

** Received 3,000 orders from enterprise customers in Q1 down from more than 3,500 orders in Q4

** Posts Q1 surprise profit of 2 cents/shr, first profit in nine qtrs, helped by $940 mln it got in arbitration payments from U.S. chipmaker Qualcomm Inc

** Analysts had expected earnings to be flat according to Thomson Reuters I/B/E/S

** Up to Thursday’s close Blackberry’s U.S. shares had risen 60.5 pct YTD

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