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Company News

BlackBerry quarterly profit more than doubles

Sept 28 (Reuters) - Canadian software maker BlackBerry Ltd’s second-quarter profit more than doubled, helped by higher billings at its software and services business and lower costs.

Net profit was $43 million for the second quarter ended Aug. 31, up from a profit of $19 million, a year earlier.

On a per share basis, the company reported a loss of 4 cents, compared with a loss of 8 cents per share during the year-ago quarter.

Revenue fell to $210 million from $238 million. (Reporting by Debroop Roy in Bengaluru; Editing by Shailesh Kuber)

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