RIM beats estimates in Q3, reports revenues of $2.7 billion

RIM Research In Motion ( RIMM ) on Thursday posted its financial results for its fiscal third quarter, which ended on December 1st. Investor sentiment has been mixed leading up to the struggling vendor s third-quarter report, with some analysts insisting there was still money to be made ahead of RIM s BlackBerry 10 launch and others already counting the days until the company buckles . Wall Street s consensus for fiscal Q3 2013 saw RIM posting a loss of $0.35 per share on $2.65 billion in revenue and RIM beat expectations on Thursday, recording a loss of $0.22 per share on $2.7 billion in sales. This marks RIM s fourth consecutive quarterly loss as the company pins its hopes on BlackBerry 10 , which will be unveiled during a press conference on January 30th .

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This article was originally published by BGR

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