HFA Icon

Research In Motion (RIMM) Earnings Announced $0.80 Per Share

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Research In Motion (RIMM) Earnings Announced $0.80 Per Share

Research In Motion Limited USA (NASDAQ:RIMM) announced its earnings for Q4 2011 today. The numbers showed an earnings per share of $0.80. The company's revenue for the quarter was $4.19 billion. Morgan Stanley (NYSE:MS) had upgraded its outlook for the company recently though it said challenges ahead, particularly in Q1 2012, would be much more difficult than anything faced this year. That analysis had the company earning $0.82 per share. Revenue from Q3 was $5.2 billion while 14.1 million Blackberrys were shipped. RIM finished up today at 13.73. The news was delayed by some...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.