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Blackberry posts first quarter loss as company continues revival

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Blackberry posts first quarter loss as company continues revival

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Blackberry has posted adjusted first quarter losses, while revenue fell below expectations.

The phone maker beloved by the US president lost 5 US cents a share down from 11 US cents a year earlier.

Company revenue fell from $966m last year to $658m for the same period in 2015.

Blackberry has had a difficult year with shares losing some 16 percent in contrast to the fortunes of the Apple iPhone, which has seen shares jump some 15 percent.