BlackBerry ends 'transition' phase with strong Q4 results

BlackBerry (BB) stock soared over 9% pre-market after beating Q4 earnings expectations with $0.06 EPS on $156 million revenue. CEO John J Giamatteo declared the company is "no longer in transition." The QNX platform drove the growth, delivering record revenue of $79 million and increasing its royalty backlog to nearly $950 million.