June 26, 2019 / 12:15 PM / 5 months ago

BUZZ-BlackBerry's US-listed shares rise on Q1 revenue beat

** U.S.-listed shares of Canadian software maker BlackBerry Ltd up 1.2% to $8.39 in volatile premarket trade

** Co beat analysts’ expectations for Q1 revenue, benefiting from acquisition of cybersecurity firm Cylance

** Q1 adj rev up 23% to $267 mln

** Q1 net loss narrowed to $35 mln from $60 mln

** 4 of 12 brokerages rate the U.S.-listed stock “buy” or higher, 6 “hold” and 2 “sell” ; their median PT is $10.50 - Refinitiv data

** U.S.-listed shares up ~17% YTD, while shares on the Toronto stock exchange have risen ~12% (Reporting by Shradha Singh in Bengaluru)

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