Research In Motion Q3 results

Dec 22 2005 - 12:52 AM ET | Research In Motion

Research In Motion yesterday announced its quarterly results for the period ending November 26, 2005. Despite the distraction of a major legal battle with suitor NTP, RIM pulled off quite the successful quarter. Key metrics include:

  • Revenue of $560.6 million, up 53% from a year ago
  • Net income of $120.1 million
  • 645,000 new subscribers during the quarter, adding up for a total userbase of 4.3 million
  • Total device shipments reached 1.1 million

Afterhours trading of RIM [RIMM] saw shares increase over 5%.