US-listed shares of Blackberry rise after co lifts revenue forecast

BlackBerry

25/09/2025 13:27

** U.S.-listed shares of cybersecurity company BlackBerry BB.N rise 3% to $4.40 premarket

** BB expects FY26 rev between $519-$541 mln compared to previous forecast of between $508-$538 mln

** Raises FY26 adj. EPS forecast to $0.11-$0.15 from earlier range of $0.08-$0.10

** QNX segment - co's car software - and secure communications unit beat revenue and EBITDA forecasts in the quarter - CEO John Giamatteo

** Q2 revenue of $129.6 mln above analysts estimates of $122.1 mln - data compiled by LSEG

** Co swings to Q2 EPS of 2 cents vs a 3 cents loss a year ago

** One of seven brokerages rate the stock "buy", five  "hold" and one "sell"; median PT is $4.68 - data compiled by LSEG

** Up to last close, stock up nearly 13% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.p@thomsonreuters.com))