
BlackBerry projects Q1 FY27 revenue of $132M and full FY27 revenue of $584M. For the full fiscal year 2027, BlackBerry anticipates Non-GAAP basic EPS to be $0.15-$0.19.
Bullish
BlackBerry achieved 10% revenue growth and eight consecutive quarters of GAAP net income improvement. QNX delivered record revenue and expanded partnerships, while Secure Communications returned to growth for BlackBerry.
Bearish
BlackBerry's Licensing segment revenue declined year-over-year, and Secure Communications DBNRR was 94%. BlackBerry also faces structural risks from reliance on third-party systems and channel partners.