BlackBerry (BBRY) agreed to acquire data security company WatchDox as the smartphone maker continues to emphasize its security features in a crowded market dominated by Apple. While financial terms weren’t disclosed, BlackBerry will reportedly spend $70 million, sources told the Wall Street Journal. Privately held WatchDox, based in Palo Alto, Calif., protects and encrypts files. The service allows users to track and audit files, restrict
Mobile phone maker BlackBerry (BBRY) early Friday posted Q4 earnings that handily beat analyst expectations, sending its stock rising. BlackBerry swung to EPS ex items of 4 cents from a loss of 8 cents per share in Q4 2014. Analysts polled by Thomson Reuters had expected the company to post a loss of 4 cents. BlackBerry stock was up 2% in early afternoon trading in the stock market today, near 9.50. “Our focus this past year was on getting our
BlackBerry (BBRY) will report a fiscal fourth-quarter loss of 4 cents a share, according to the consensus of analysts polled by Thomson Reuters. That would be an improvement from an 8-cent loss a year earlier. Investors may be hoping for more. BlackBerry turned a surprise 1-cent profit in Q3 vs. views for a 5-cent loss. Its losses in the prior 3 quarters were much less expected. Revenue should fall 19% vs. a year earlier to $786.4 million,