BlackBerry (NYSE:BB – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01, Briefing.com reports. The firm had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $139.81 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.BlackBerry’s revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the business posted $0.02 EPS. BlackBerry updated its FY 2027 guidance to 0.160-0.200 EPS and its Q2 2027 guidance to 0.030-0.040 EPS.
Here are the key takeaways from BlackBerry’s conference call:
- BlackBerry reported a strong Q1, with revenue of $153 million above the high end of guidance, adjusted EBITDA more than doubling year over year, and positive GAAP net income for the fifth straight quarter.
- QNX was a standout, generating about $72 million in revenue, up 26% year over year, with strong growth in development licenses, royalties, and professional services. Management also highlighted new design wins in automotive and GEM, plus early traction for the newer SDP8 platform.
- Secure Communications posted its strongest quarter in years, with revenue of about $74 million and ARR up more than 5% year over year to $220 million. A large expansion and extension with Shared Services Canada drove the quarter, alongside additional government and defense wins.
- BlackBerry raised its full-year outlook, lifting total company revenue guidance to $594 million-$621 million and adjusted EBITDA guidance to $119 million-$139 million. It also increased QNX and licensing guidance, signaling improved confidence in the business trajectory.
- The company emphasized growing long-term opportunities in physical AI, GEM, and Alloy Kore, saying these could expand QNX’s addressable market and increase software content per vehicle. Management said Alloy Kore remains on track to secure its first design win this fiscal year.
BlackBerry Price Performance
Shares of NYSE BB traded up $1.67 during midday trading on Thursday, reaching $10.29. 72,321,199 shares of the company traded hands, compared to its average volume of 19,011,553. The stock’s 50-day simple moving average is $7.25 and its 200-day simple moving average is $4.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. BlackBerry has a 12 month low of $3.12 and a 12 month high of $10.93. The firm has a market cap of $6.03 billion, a PE ratio of 128.58 and a beta of 2.29.
Analysts Set New Price Targets
View Our Latest Stock Report on BlackBerry
BlackBerry News Roundup
Here are the key news stories impacting BlackBerry this week:
- Positive Sentiment: BlackBerry posted Q1 revenue of about $153 million, up 26% year over year, and EPS of $0.04, topping the $0.03 estimate. Management also highlighted positive operating cash flow, marking a notable improvement in financial performance. BlackBerry Reports First Quarter Fiscal Year 2027 Results
- Positive Sentiment: The company raised its FY 2027 revenue outlook and kept EPS guidance near or above Wall Street expectations, signaling confidence in continued momentum from its QNX and Secure Communications businesses. BlackBerry lifts annual revenue forecast as QNX unit powers growth
- Positive Sentiment: Growth in QNX and cybersecurity/secure communications is being viewed as proof that BlackBerry’s embedded software strategy is working, with some investors also framing the stock as an AI-related play. Forget the Cellphones: BlackBerry Shares Jump 23% as an AI Play
- Neutral Sentiment: BlackBerry also reported that all eight board nominees were elected at its annual meeting, a routine corporate governance update with limited direct impact on the stock. BlackBerry Announces Election Results for the Company’s Board of Directors
Insider Buying and Selling
In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’s stock in a transaction dated Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the transaction, the senior vice president directly owned 94,903 shares of the company’s stock, valued at approximately $337,854.68. The trade was a 23.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the sale, the chief executive officer directly owned 899,146 shares in the company, valued at $3,200,959.76. This trade represents a 2.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 73,171 shares of company stock worth $260,489. 0.51% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On BlackBerry
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in shares of BlackBerry by 2,349.1% in the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after purchasing an additional 11,205 shares during the period. State of Wisconsin Investment Board bought a new position in shares of BlackBerry during the fourth quarter worth about $54,000. Benjamin Edwards Inc. lifted its stake in BlackBerry by 31.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock valued at $67,000 after acquiring an additional 3,500 shares in the last quarter. AQR Capital Management LLC acquired a new position in BlackBerry during the 4th quarter worth approximately $55,000. Finally, Flow Traders U.S. LLC bought a new position in shares of BlackBerry during the 2nd quarter worth approximately $86,000. Institutional investors own 54.48% of the company’s stock.
BlackBerry Company Profile
BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.
At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.
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