BlackBerry quarterly revenue rises 18%

Business

Visitors try out Blackberry smartphones on the first day of the CeBIT 2012 technology trade fair on March 6, 2012 in Hanover, Germany.

Sean Gallup | Getty Images News | Getty Images

Canada’s BlackBerry reported an 18% rise in third-quarter revenue on Friday, helped by increase in demand for its cybersecurity software.

The company reported a net loss of $32 million for the third quarter ended Nov. 30, compared with a profit of $59 million, a year earlier.

On a per-share basis, BlackBerry’s loss widened to 7 cents from 1 cent, a year earlier.

Revenue rose to $267 million from $226 million.

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