
BlackBerry reported strong first-quarter results with earnings per share of $0.04, beating estimates of $0.03, and revenues of $152.9 million, surpassing expectations. The company saw 26% sales growth and a 144% rise in adjusted EBITDA, driven by its QNX division and AI opportunities. Following these results, BlackBerry raised its annual revenue forecast, signaling confidence in continued growth. The stock surged nearly 20%, reflecting investor optimism about its financial turnaround and position in the cybersecurity sector.