Shares of BlackBerry (BB) surged about 10% premarket on Thursday after fiscal first quarter results beat estimates and the company raised its fiscal year 2027 outlook.
The Canadian company’s fiscal first quarter, ended May 31, saw adjusted EPS of $0.04, while revenue Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities
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Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights BlackBerry exceeded expectations on revenue, adjusted EPS, and cash generation in fiscal first quarter. BlackBerry is emphasizing multi-year growth in software-defined vehicles, Alloy Kore platform expansion, general embedded market, and physical AI for QNX’s long-term potential. BlackBerry raised its fiscal 2027 revenue and EPS guidance, now expecting higher total revenue, non-GAAP basic EPS, and adjusted EBITDA