18.12.2015 - Report of BlackBerry has led to strong growth of price
The company's shares BlackBerry are showing confident growth after the publication of a strong report for the third quarter of the fiscal year which ended on 28 November. As a result, the company's loss narrowed to 89 million dollars against 148 million dollars during the same period last year. At the same time the company's revenue fell to 548 million dollars against 793 million last year, but was better than the forecast of 489 million dollars. Given the improved financial performance and the expected demand for phones with enhanced security, we forecast growth of the company's shares by 20-25% per year.