BlackBerry’s turnaround continues, as the company reported a second straight quarter of profit on Friday, along with expectations of sustained profitability throughout the coming year.

“Our financial viability is no longer in question,” CEO John Chen declared in a conference call, even as he admitted the company is only halfway through a long transition. He also predicted sustained profitability in the current fiscal year that started March 1.

Profits for the quarter that ended Feb. 28 were 4 cents a share, up from 1 cent a share for the previous quarter.

On the negative side, revenues were $660 million, down from $793 million in the previous quarter and $976 million in the same quarter last year.

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