TORONTO: BlackBerry Ltd posted a narrower-than-expected quarterly loss on Thursday as the troubled smartphone maker's turnaround efforts started to pay off, raising hope that its chief executive can deliver on a pledge to return the company to steady profits.
John Chen, who took the reins at BlackBerry seven months ago, has worked rapidly to trim costs, giving the Waterloo, Ontario-based company more time to stabilise its struggling handset business and earn more money from services and software.
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