US EditionBlackBerry Returns to Profitability with $1.9M Quarterly Gain
- BlackBerry Limited reported strong first-quarter fiscal 2026 results on June 24, 2025, with revenue of $121.7 million and a $1.9 million GAAP net profit.
- The performance followed a year of solid growth driven by 8% QNX revenue increase and secure communications exceeding guidance, despite macroeconomic uncertainty and automotive tariff impacts.
- Notable achievements include QNX maintaining a gross margin of 81%, Secure Communications generating $59.5 million in revenue, AtHoc obtaining FedRAMP High authorization, and key progress such as the adoption of STP8.0 and the deployment of WeRide’s autonomous vehicles.
- CFO Foote noted that QNX's gross margin decreased modestly to 81%, mainly due to adverse impacts from exchange rate fluctuations, while adjusted EBITDA increased by more than 55% year over year, reaching $16.4 million.
- BlackBerry upheld its expectations for positive full-year cash flow, increased its revenue forecast to a range spanning $508 million to $538 million, and initiated a new $100 million share repurchase authorization amid cautious market conditions.
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BlackBerry posts Q1 profit, revenue down as it bought back US$10M of shares
BlackBerry Ltd. reported a net profit of US$1.9 million during the first quarter, compared to a net loss of US$41.4 million a year earlier. Its profit during the quarter amounted to zero cents US per share, compared with a loss of seven cents US per share during the same period last year. The Waterl...
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Leaning Left7Leaning Right2Center8Last UpdatedBias Distribution47% Center
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- 47% of the sources are Center
47% Center
L 41%
C 47%
12%
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