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Why BlackBerry Shares Popped Today

TheMotleyFool

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Why BlackBerry Shares Popped TodayPhoto, wide shot, wide-angle lens, Cable TV provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/51ec7f0d-2b5e-41f6-baa4-43bf0f5d7e7d.png

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.

Source: Fool.com