BlackBerry Turns to Profit and Beats Sales Estimates. The Stock Is Down.

Cybersecurity institution BlackBerry reported better-than-expected revenues Tuesday, arsenic customers moved successful greater fig to cloud-based software, with employees progressively moving from home.

The Ontario-based institution said gross fell to $183 cardinal successful the 4th ended successful November, compared with $218 cardinal successful the aforesaid play of the erstwhile year. Revenue from the cybersecurity part was astatine $128 million.

But...