BlackBerry Ltd.'s chief executive says the company's preparations to divide up its business have so far produced millions in savings and put the business on a path to profitability.
Giamatteo said Wednesday that he considered the work done so far"a significant achievement" that will deliver US$125 million in total savings. BlackBerry, which reports its financial performance in U.S. dollars, said the results amounted to a loss of seven cents US per share, compared with two cents US per share a year prior.