I'm Thinking About Adding to My BlackBerry Position — Here's Why
AI Market Summary
BlackBerry's Q2 results were stronger than expected, led by record QNX revenue of $80M (+27% YoY) and a companywide gross margin reaching 87%. Adjusted EBITDA rose 41% to $29M with a 36% margin, and EPS of $0.07 beat consensus $0.04. Management also raised FY2027 adjusted EPS guidance to $0.19–0.22, improving visibility on profitability.
Impact level
● Medium
Affected assets
BB/USDT+4.90%
AI Insight · BB/USDTAI Insight
▲ Bullish
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BlackBerry reported its second-quarter results, with QNX delivering record revenue of $80 million, up 27% year over year. Gross margin climbed to a company high of 87%. Adjusted EBITDA rose 41% to $29 million, with margin at 36%. The company posted earnings per share of $0.07, beating the $0.04 consensus estimate. BlackBerry also raised its FY2027 adjusted EPS outlook to a range of $0.19 to $0.22.
