[R]5:30PM New York – Research in Motion jumped 15% after it released earnings that beat expectations.[/R]

Research in Motion (RIMM: chart) reported third quarter revenue rise of 22% to $1.67 billion from the second quarter and 100% from a year ago.

Earnings in the quarter jumped to $370.5 million or 65 cents per share from $287 million or 50 cents per share in the second quarter and from $175.2 million or 31 cents per share in the third quarter a year ago.

The company estimated revenue for the fourth quarter of fiscal 2008 ending March 1, 2008 to be in the range of $1.80-$1.87 billion.

Net subscriber account additions in the fourth quarter are expected to be approximately 1.82 million.

Earnings per share for the fourth quarter are expected to be in the range of $0.66 and $0.70 per share diluted.

The revenue breakdown for the quarter was approximately 80% for devices, 14% for service, 4% for software and 2% for other revenue.

Approximately 1.65 million BlackBerry subscriber accounts were added in the quarter and over 3.9 million devices were shipped.

The total BlackBerry subscriber account base at the end of the third quarter was approximately 12 million.

Gross margin in the quarter fell to 50.7% from 54.2% in the third quarter a year ago and from 51.3% in the second quarter of this year.

The total of cash and cash equivalents, short-term investments and investments was $2.13 billion as at December 1, 2007, compared to $1.73 billion at the end of the previous quarter, an increase of $405 million over the prior quarter. Uses of cash in the quarter included capital expenditures of approximately $97 million.