BlackBerry back in the red after posting surprise Q1 loss

Just as BlackBerry surprised investors last quarter by posting a profit, so too has it surprised this quarter by posting a loss. The company on Friday reported a fiscal first-quarter loss of $ 0.13 per share, missing expectations that it would post a profit of $ 0.06 per share. The company recorded revenues of $ 3.1 billion, which also missed the consensus projection of $ 3.36 billion. The company shipped a total of 6.8 million smartphones in the quarter, and it did not state how many of those were BlackBerry 10 devices. BlackBerry shares plummeted more than 17% during Friday’s pre-market session following the company’s earnings report. BlackBerry’s full press release follows below. BlackBerry Reports First Quarter Fiscal 2014 Results WATERLOO, ONTARIO–(Marketwired – June 28,

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