Photo: By Justin Sullivan/Getty Images
RIM’s earnings are out!It’s a rare beat for Research In Motion.
Revenue was $2.9 billion versus $2.47 billion expected. Adjusted EPS was -$0.27 versus -$0.47 expected.
It shipped 7.4 million BlackBerrys versus expectations of 7.8 million.
The stock is soaring after-hours, rising as much as 16%.
RIM’s brought in $432 million in cashflow from operations for the quarter. Its total cash is $2.3 billion, a $100 million increase.
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