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2 clusters · 9 sources · 3 days · First seen · Last updated

BlackBerry financial performance and QNX growth

Overview

BlackBerry Limited reported strong second-quarter financial results for fiscal 2027, characterized by a 26 percent year-over-year revenue increase to $163.3 million. Net income rose to $33.9 million, up from $13.3 million in the same period the previous year.

Growth was largely driven by the QNX automotive software division, which generated $80.3 million in revenue, exceeding previous guidance. This segment benefited from higher royalties, professional services, and development license revenue. Additionally, the company secured a significant design win with Alloy Kore, which is expected to contribute over $100 million to its royalty backlog.

In response to these results, BlackBerry raised its full-year revenue guidance to a range of $616 million to $636 million and increased its projected adjusted earnings per share to between $0.19 and $0.22.

Entities

Blackberry · QNX · Volvo Group · John Giamatteo · BlackBerry Limited

Timeline

  1. [BUSINESS] 2 sources
    BlackBerry reports $163.3 million in Q2 revenue driven by QNX growth

    BlackBerry reported a 26% year-over-year revenue increase to $163.3 million for Q2 fiscal 2027, driven by strong growth in its QNX automotive software and licensing businesses.

  2. [BUSINESS] 7 sources
    BlackBerry reports rising Q2 profits and raises full-year outlook

    BlackBerry reported a 26% rise in Q2 revenue to $163.3 million, driven by QNX automotive software growth, and raised its full-year fiscal 2027 revenue outlook.

Sources

cashcow.nl · digitaljournal.com · finanzen.at · finanzen.ch · lesaffaires.com · pulse2.com · seekingalpha.com · stocknews.com · thebusinesstimes.co.uk