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BlackBerry's QNX segment revenue rose 10% to a record $68.7 million, driving a $13.7 million profit and prompting raised fiscal 2026 revenue and earnings guidance.
- After the bell on Thursday, BlackBerry Ltd. reported a third-quarter profit of US$13.7 million, covering the quarter ended Nov. 30, and raised fiscal 2026 guidance.
- QNX revenue reached US$68.7 million, rising 10% from last year, underpinning profitability, BlackBerry said last year.
- Adjusted earnings came to 5 cents per share, beating Benzinga Pro's estimates of 4 cents, while GAAP net income per share was 2 cents for the quarter.
- BlackBerry raised its fiscal 2026 revenue guidance to a range of $531 to $541 million and lifted full-year adjusted earnings guidance to 14 cents to 16 cents per share, while shares slipped about 0.92% after hours to $4.30.
- Looking ahead, management projects fourth-quarter revenue of $138 million to $148 million, adjusted earnings of 3 cents to 5 cents per share, and cash and investments of 378 million.
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BlackBerry announced a profit of 13.7 million US in the third quarter, compared to a loss of 10.5 million US in the same period the previous year.
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BlackBerry reports Q3 profit of US$13.7M, up from a loss a year ago
BlackBerry Ltd. reported a third-quarter profit of US$13.7 million, up from a loss of US$10.5 million during the same period a year earlier. The Waterloo-based software company, which keeps its books in U.S.
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Total News Sources20
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
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