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Blackberry's stock rises by almost 5 percent as firm reports lower than expected loss in Q2

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ANI Washington
Last Updated : Sep 27 2014 | 1:35 PM IST

Blackberry's shares rose by 4.6 percent as the firm reported a lower than expected loss in the second quarter.

However, the revenue of the company was lesser than expected.

According to Mashable, the revenues came in for 916 million dollars as compared to the estimated 950 million dollars.

Blackberry's CEO John Chen said that he was confident that the company would achieve breakeven cash flow by the end of the Fiscal Year 2015.

He also said that the company is now focusing on revenue growth with careful investments.

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First Published: Sep 27 2014 | 11:12 AM IST

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