earnings
confidence high
sentiment positive
materiality 0.75
BlackBerry Q2 revenue +26% YoY to $163M; raises FY27 revenue and EBITDA guidance
BLACKBERRY Ltd
- Q2 revenue $163.3M, up 26% YoY; adjusted EBITDA $47.0M, up 81% YoY; GAAP operating income $33.6M (+192%).
- GAAP net income positive for 6th straight quarter at $33.9M; adjusted EPS $0.07, GAAP EPS $0.06.
- QNX revenue $80.3M (+27% YoY); first Alloy Kore design win from Coretura (Volvo/Daimler JV) adds >$100M to royalty backlog.
- Raised FY27 revenue guidance to $616-636M and adjusted EBITDA to $141-158M; Q3 revenue seen at $143-154M.
- Secure Communications revenue $60.9M (+2% YoY), ARR stable at $221M; licensing revenue $22.1M.