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BlackBerry posts 26% revenue jump in Q1 FY2027, driven by QNX and Secure Communications growth

Company Fundamentals
20 Jul 2026
Seeking Alpha
View Source
Bullish
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BlackBerry is experiencing a strong turnaround with Q1 FY2027 revenues rising 26% year-over-year to $152.9 million, led by growth in its QNX and Secure Communications segments. The company also reported margin expansion and beat expectations on both revenue and earnings. For FY2027, BlackBerry projects 11% revenue growth, 20% adjusted EBITDA growth, and 13% adjusted EPS growth, signaling accelerating momentum. Despite a high forward price-to-sales ratio, the company's AI-driven long-term opportunities and favorable forward PEG ratio support a Buy rating for patient investors.

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