BlackBerry gains on annual revenue forecast raise

BlackBerry

24/06/2025 22:48

** U.S.-listed shares of cybersecurity company BlackBerry BB.TO, BB.N rise 6.9% to $4.63 in U.S. extended trading

** Company expects total fiscal 2026 revenue to be between $508 mln and $538 mln, compared with prior forecast of between $504 mln and $534 mln

** BlackBerry reported total revenue of $121.7 mln for Q1 vs $123.4 mln a year earlier

** Company expects FY26 revenue for secure communications unit to be between $234 mln and $244 mln, compared with prior projection of between $230 mln and $240 million

** Up to last close, stock had rise 14.6% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)

 ((HarshitaMary.Varghese@thomsonreuters.com))