BlackBerry (BBRY) Expected To Generate Positive Cash Flow In Q4 2015

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BlackBerry (BBRY) Expected To Generate Positive Cash Flow In Q4 2015
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BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) is expected to generate positive free cash flow in the fourth quarter of fiscal 2015, according to Todd Coupland, analyst at CIBC World after meeting James Yersh, the chief financial officer of the beleaguered Canadian smartphone manufacturer.

Coupland also projected that BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) will be able to reduce its spending below its previously announced operating expenses.  The company anticipated that lower royalty payments will cut its product costs in the second half of 2015.

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