BlackBerry's net loss, reported in U.S. dollars, was $47 million or nine cents per share - a big improvement from the $238-million loss it had at the same time last year.

BlackBerry Ltd. posted US$658 million of revenue and a $28-million loss after adjustments in the first quarter.

BlackBerry reports first-quarter financial results on Tuesday, with expectations angled towards disappointment as the one time smartphone leader continues to shift focus from handsets to its software business.