BlackBerry Raises Revenue Outlook on QNX Software Strength

By EC Assets · Published

BlackBerry has raised its annual revenue forecast, driven by growth in its QNX automotive software business. The company's QNX unit saw its revenue increase by 14% last year. CFO Tim Foote stated that BlackBerry has completed most of its planned initiatives. BlackBerry expects its fiscal 2027 revenue to range between $594 million and $621 million. This compares to a FactSet estimate. The QNX automotive software business remains a key growth driver for the company. This article is intended for informational purposes only. It does not constitute investment advice.

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