BlackBerry has forecast first-quarter revenue above expectations, signaling a successful turnaround driven by growth in cybersecurity and embedded software divisions.
The company expects revenue between $132 million and $140 million, surpassing analyst estimates and boosting investor confidence.
Shares surged more than 10% in premarket trading, reflecting optimism around BlackBerry’s renewed growth trajectory.
Once a smartphone leader, the company has repositioned itself as a software provider for connected devices and autonomous systems.
Its QNX division continues to perform strongly, with revenue rising 20% and a growing backlog of high-value contracts.
The unit’s focus on safety-critical systems provides resilience against broader industry disruptions and evolving technology trends.
BlackBerry’s secure communications segment also posted steady gains, supported by strong demand from government clients.
Looking ahead, the company plans to expand investments and explore acquisitions, aiming to accelerate growth and strengthen its market position.
