BY: Economic and Finance Report
Blackberry shares dipped a bit on Friday because of their mixed earning report for the end of the year quarter. Finishing down to $9.99. There seems that there is still a lot more work to be done as Blackberry is restructuring the company.
The company did below what analysts had predicted of $1 billion dollars in revenue. Blackberry reported losing $148 in revenue in the 3 quarter. Blackberry executives expect the company to continue with either “break-even” or a little better route in their cash flow for 2015, but the Chairman/CEO John Chen expects Blackberry to hit profitability in the beginning of 2016.