BlackBerry Jumps as CEO Forecasts High End of Revenue Range

  • Company now has 1,200 software salespeople out in the field
  • Government agencies are renewing their contracts for software

BlackBerry CEO Chen on Growth, Software, Acquisitions

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BlackBerry Ltd. jumped after reporting record software revenue and saying sales for the full year would come in at the high end of its forecast.

The Waterloo, Ontario-based company said sales from enterprise software and services rose 11.5 percent to $97 million in the quarter ended Nov. 30, boosted by some 3,000 orders from customers including NATO, the U.S. Department of Justice, the Dutch government and Deutsche Bank AG.