BB
Not your old phone company
BlackBerry is still in its reboot era, and this one had a few nice plot twists. The company said Q1 FY2027 revenue climbed 26% year over year to $152.9 million, helped by sturdy growth in its QNX and Secure Communications businesses. That’s the kind of print that makes a turnaround story feel a little less like a slideshow and a little more like an actual business.
The boring stuff that investors love
The real sauce here is that BlackBerry didn’t just grow — it also expanded margins and beat expectations on both the top and bottom lines. In other words: more revenue, better efficiency, and fewer reasons for bears to yawn loudly in the comments section.
Guidance says the movie isn’t over
Management also nudged the vibe in a bullish direction with FY2027 guidance calling for, at the midpoint:
- 11% revenue growth
- 20% adjusted EBITDA growth
- 13% adjusted EPS growth
That doesn’t scream moonshot, but it does suggest the turnaround may be turning into something sturdier than a one-quarter sugar high.
Big picture
For years, BlackBerry has been the punchline stock people remember from the smartphone era. Now it wants to be judged like a software and security company instead. And if QNX and Secure Communications keep doing the heavy lifting, you may finally be looking at a company with a real second act instead of just a nostalgic one.