BlackBerry lifts fiscal 2027 outlook after quarterly revenue rises 26% to $152.9 million
AI Market Summary
BlackBerry's fiscal Q1 results showed a credible operational inflection: revenue rose 26% YoY to $152.9m, adjusted EBITDA jumped 144% with margin expanding to 24%, and the company delivered its first cash-positive fiscal Q1 in nine years (excluding patent sales). Management raised FY2027 revenue guidance to $594m–$621m and guided to ~$100m operating cash flow, supporting near-term repricing risk-on in BB.
Impact level
● Medium
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BB/USDT+14.72%
AI Insight · BB/USDTAI Insight
▲ Bullish
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BlackBerry reported quarterly results showing revenue rose 26% year over year to $152.9 million, while adjusted EBITDA jumped 144% to $36.3 million. The adjusted margin improved to 24% from 12%. The company said QNX revenue increased 26% to $72.3 million, with an adjusted gross margin of 86%. Management raised its fiscal 2027 revenue outlook to $594 million to $621 million and said it expects about $100 million in operating cash flow, with cash and investments totaling $422.9 million.
