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BlackBerry raises fiscal 2026 revenue outlook, banking on QNX auto growth and soaring Secure Comms demand despite industry headwinds.
Shares of BlackBerry (BB -4.98%) jumped this week, up 9% as of 1:22 p.m. ET on Friday.
WATERLOO, ON / ACCESS Newswire / June 25, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) announced today that the seven nominees listed in the company's management proxy circular dated May 2, 2025, for the company's annual and special meeting of shareholders held on June 25, 2025, were elected as directors to serve until BlackBerry's next annual shareholder meeting or until their successors are elected or appointed. The detailed results of the vote are set out below.
Shares of BlackBerry (BB 13.74%) are soaring on Wednesday, up 14.9% as of 1:08 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite were both little changed.
BlackBerry BB shares experienced a significant surge on Wednesday after the company reported better-than-expected first-quarter financial results and raised its fiscal 2026 sales guidance on Tuesday.
BlackBerry Limited BB posted better-than-expected first-quarter results after Tuesday's closing bell.
BlackBerry Limited delivered strong Q1 beats on both revenue and adjusted earnings, with rising margins and its first GAAP profit in over three years. Despite the positive results, Q2 guidance was somewhat weak and the full year forecast was only modestly raised. BB stock's valuation remains fair relative to peers, but its growth profile lags behind leading software companies with stronger fundamentals.
U.S. equities were mostly higher at midday as a ceasefire between Israel and Iran appeared to be holding. The S&P 500 and Nasdaq rose, but the Dow Jones Industrial Average dropped.
Tech stock BlackBerry Ltd (NYSE:BB) is up 20.6% at $5.22 at last glance, after the company posted strong first-quarter results and lifted its annual revenue forecast.
Blackberry lifts full-year outlook as strong fiscal Q1 2026 from QNX and early Secusmart wins drive surprise profit and revenue beat.