Stocks to Watch: BlackBerry, Analog Devices
NEW YORK -- BlackBerry
The smartphone maker earned 22 cents a share on revenue of $2.7 billion during the quarter. Analysts were looking for BlackBerry, formerly known as Research In Motion, to lose 29 cents a share on revenue of $2.84 billion.
The company said it shipped 6 million BlackBerry smartphones, including 1 million BlackBerry 10 smartphones and 370,000 PlayBook tablets, during the quarter.
BlackBerry shares rose 22% in the first quarter.
The chipmaker said Friday that President Vincent Roche has been appointed CEO on an interim basis.
Jos. A. Bank Clothiers
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel
>To submit a news tip, send an email to: email@example.com.