BlackBerry lifts annual revenue forecast as QNX unit powers growth

BlackBerry raised its annual revenue forecast on continued momentum in its QNX division after completing its turnaround efforts. The updated outlook helped lift U.S.-listed shares about 8% in premarket trading. The article signals improving fundamentals and stronger near-term growth visibility.

Analysis

BlackBerry raised its annual revenue forecast on continued momentum in its QNX division after completing its turnaround efforts. The updated outlook helped lift U.S.-listed shares about 8% in premarket trading. The article signals improving fundamentals and stronger near-term growth visibility.