The company raised its QNX revenue outlook to $295M-$312M, signaling stronger demand in automotive software.
BlackBerry revised its fiscal 2027 revenue guidance to a range of $594M-$621M, up from prior expectations. The update reflects a stronger outlook for its QNX division, now projected to generate $295M-$312M in revenue for the year.
Management attributed the improved forecast to accelerating adoption of QNX software in automotive and industrial applications. The prior quarter had signaled a shift toward value creation after a period of cost restructuring.
Shares showed limited reaction in after-hours trading as investors digested the updated targets.