September 24, 2019 / 11:09 AM / 21 days ago

BlackBerry posts second-quarter net loss

Sept 24 (Reuters) - Canada's BlackBerry Ltd reported a loss for the second quarter on Tuesday, compared to a profit a year earlier, as the company spent heavily to integrate recently acquired Cylance into its suite of products.

Waterloo, Ontario-based BlackBerry, once known for its phones, said net loss was $44 million in the quarter ended Aug. 31, compared to a profit of $43 million a year earlier.

Total revenue rose about 16% to $244 million. (Reporting by Debroop Roy and Arunima Kumar in Bengaluru; Editing by Maju Samuel)

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