By Alastair Sharp and Allison Martell WATERLOO, Ontario/TORONTO (Reuters) – BlackBerry Ltd Chief Executive John Chen expressed confidence on Thursday that he can make the company’s trimmed-down handset business profitable by a self-imposed September deadline, as the smartphone pioneer posted results that beat expectations. BlackBerry broke even before charges and writedowns in its first quarter and forecast a smaller-than-expected annual loss, helping to send its stock up 3.6 percent. Adjusted revenue in that business exceeded handset sales in the quarter.
Quoted from BlackBerry CEO confident on handset profit; results top expectations on Gadgets News Headlines – Yahoo! News