Why BlackBerry Shares Popped Today

Why BlackBerry Shares Popped Today

Shares of BlackBerry (NASDAQ: BBRY) have popped today, up by 14.8% as of 12:29 p.m. EDT, after the company reported fiscal second-quarter earnings.

Non-GAAP revenue in the second quarter totaled $249 million, with non-GAAP earnings per share of $0.05. The Street was modeling for a breakeven bottom line, so squeezing out an adjusted profit was a welcome surprise for investors.

BlackBerry Unified Endpoint Management (UEM) dashboard. Image source: BlackBerry.

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Source: Fool.com