BlackBerry maker Research in Motion Ltd. believes it will successfully resolve disputes with India, the United Arab Emirates and other countries over data security and avert their threats to ban services, the company’s co-CEO said Thursday.
Jim Balsillie’s remarks came as the company said its second-quarter net income jumped 68 percent as it added new BlackBerry subscribers and beat analysts expectations at a time many have started to write the company off.
Balsillie said RIM is continuing discussions with governments and service providers, and “they believe we have made good progress in those discussions.”
“I’m optimistic that a positive and constructive outcome can be achieved,” he added during a conference call with analysts to discuss the latest financial results.
RIM shares rose more than 4 percent in after-hours trading. The stock initially jumped 8 percent in extended trading.
BlackBerry second-quarter shipments climbed 45 percent to 12.1 million from a year ago. That comes amid concerns that RIM is losing ground to Apple Inc.’s iPhone and devices using Google Inc.’s Android software.
“International markets continue to be a strong driver of growth,” Balsillie said.
He said about 52 percent of revenue came from outside the United States, and more than 45 percent of BlackBerry subscribers are outside North America.
The company posted net income of $796.7 million, or $1.46 per share, in the three months ended Aug. 28. That’s up from $475.6 million, or 83 cents per share, a year earlier.
Analysts surveyed by Thomson Reuters expected earnings of $1.35 per share, on average.
Revenue rose 31 percent to $4.62 billion, better than the $4.47 billion expected by analysts.
For the quarter ending in November, the company projected earnings of $1.62 to $1.70 per share on revenue of $5.3 billion to $5.55 billion. Analysts were looking for $1.39 per share and revenue of $4.83 billion.
Shares of RIM, which is based in Waterloo,…