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Company News

BUZZ-BlackBerry Ltd: Rises on Q3 profit beat

** Shares of Canadian software maker up 6.3 pct at C$10.56; U.S.-listed shares up 6.6 pct at $7.84

** BlackBerry reports Q3 profit beat, driven by boosted billings in its technology solutions unit

** Q3 revenue from its technology solutions business jumps 23.3 pct to $53 mln

** Co earns Q3 adj EPS of $0.05 vs analysts’ est. of $0.02, according to IBES data from Refinitiv

** Revenue of $226 mln tops analysts’ est. of $212.5 mln

** Up to Wednesday’s close, BB.TO had fallen ~29 pct YTD (Reporting by Shanti S Nair in Bengaluru)

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