Blackberry

Q1 FY2027 EarningsQ1 FY27 results significantly beat consensus across top and bottom lines, driven by robust performance in both QNX and Secure Communications. Revenue of $152.9M exceeded the $137.6M expectation (+11.2%), with adjusted gross margin expanding to 78.6% vs. 76.2% expected. Adjusted EPS of $0.04 outperformed the $0.03 consensus mean. Notably, the company achieved its first positive Q1 operating cash flow in nine years (excluding patent sales), while Q2 and FY27 revenue guidance ranges are largely above prior market expectations.