BlackBerry reported a second-quarter adjusted loss on Friday as the company's turnaround continued and it attempted to boost revenue from its software division.
Excluding one-time items like a non-cash credit tied to the value of debentures and restructuring charges, the Waterloo, Ontario-based company reported a quarterly loss of $66 million, or 13 cents a share.
Including the impact of the non-cash gain, in the period ended Aug. 29, it earned a net profit of $51 million. That compared with a loss of $207 million a year earlier.
Quarterly revenue fell 46.5 percent to $490 million in the period.
Analysts expected the Toronto-based company to post a loss of 9 cents per share on revenue of $611 million, according to a Thomson Reuters consensus estimate.
Earlier this month, Blackberry agreed to buy software provider Good Technology for $425 million an effort to bolster its enterprise business.
Nevertheless, the company's stock has continued to fall, plunging more than 7 percent in September and about 36 percent year to date, according to FactSet.
—CNBC contributed to this report.