BlackBerry reports $423 million Q4 loss, revenue falls to $976 million

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A BlackBerry Z10 is shown during the launch of the company\'s new smartphones in Toronto on Wednesday, Jan. 30, 2013. BlackBerry Ltd. reported Friday a fourth-quarter loss of US23 million as its revenue for the three-month period dropped below billion. The smartphone maker, which keeps its books in U.S. dollars, says the loss amounted to 80 cents per share compared with a profit of 8 million or 19 cents per share a year ago. THE CANADIAN PRESS/Nathan Denette, File

WATERLOO, Ont. – BlackBerry Ltd. (TSX:BB), which keeps its books in U.S. dollars, reported a fourth-quarter loss of US$423 million or 80 cents per share compared with a profit of $98 million or 19 cents per share a year ago. Revenue fell to $976 million for the three months ended March 1 compared with $2.68 billion a year ago.

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