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BlackBerry Ltd.’s latest quarterly earnings surpassed analyst expectations, with a loss of US2¢ per share on improved sales of its smartphones.

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The Waterloo, Ont.-based smartphone maker on Friday reported revenues of approximately US$916-million. That’s below the US$950-million in revenues expected by analysts surveyed on Bloomberg, but above the second-quarter loss of US16¢ per share forecast. Yet, it’s a sharp drop from the US$1.6-billion in revenue BlackBerry reported during the same period one year earlier.

John Chen, executive chairman and chief executive of BlackBerry, said it “delivered a solid quarter against our key operational metrics” and the “workforce restructuring is now complete” as it now focuses on revenue growth.