BlackBerry Ltd. Chief Executive Officer John Chen expects a “better than 50-50 chance” of wrapping a strategic company review before his contract expires in November, setting up a takeover or overhaul of the former tech darling.
Blackberry, the phone giant turned security software provider, needs to complete a review announced in May, Chen told analysts on an earnings conference call. The uncertainty around the process has compounded concerns about the company’s financial performance.
