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Company News

BlackBerry posts smaller quarterly loss

June 26 (Reuters) - Canadian software maker BlackBerry Ltd reported a smaller quarterly loss on Wednesday, benefiting from its acquisition of cybersecurity firm Cylance.

The company’s net loss narrowed to $35 million, or 9 cents per share, in the first quarter ended May 31, from $60 million, or 11 cents per share, a year earlier.

Revenue rose to $247 million from $213 million. (Reporting by Debroop Roy in Bengaluru; Editing by Maju Samuel)

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