Research In Motion Q4 Earnings More Than Double, Top Estimate; Guides Q1 Above Consensus - Quick Facts

(RTTNews) - Research In Motion Limited (RIMM, RIM.TO) reported net Income for the fourth quarter of $412.5 million or $0.72 per share, compared to $187.4 million or $0.33 per share for the year-ago quarter.

Revenue for the fourth quarter jumped 102% to $1.88 billion from $930.4 million in the same quarter last year.

Analysts polled by First Call / Thomson Financial expected the company to earn $0.70 per share on revenue of $1.86 billion for the fourth quarter.

Looking forward to the first quarter, the company expects revenue of $2.23 billion to $2.30 billion and earnings of $0.82 to $0.86 per share. Analysts currently expect the company to earn $0.76 per share on revenue of $2.02 billion for the first quarter.

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