BlackBerry Provides Update on Progress in Separation of Divisions and Path to Profitability

Significant steps taken towards positive cashflow Company is targeting $100 million of annualized net profit improvements, through a combination of cost reductions and margin expansion. This is in addition to$50 million of annualized cost saving actions disclosed in prior quarter Actions to achieve approximately $55 million of the$100 million annualized target have been identified and are being implemented in the current quarter Company continues to expect sequential improvements to operating cash flow u ...