RIMM Earnings
RIMM came out with their earnings after the bell today sending the stock down sharply in after-hours trading. Their EPS came in at .65 a share, while the street was expecting .67 on revenue of 567m vs. 561m. They also guided lower on revenue for the first quarter 585-645m (expected) down to 580-610m. The strange thing about these earnings is that they pre-announced their earnings and they still missed. Their settlement charges must have been more than anticipated.
posted by Stock Administrator @ 4:04 PM
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