US Stocks Movement: BlackBerry surged on September 28 due to QNX business growth and Coretura's first deal

BlackBerry September 28 Surge Interpretation

Keywords: QNX performance growth, Coretura's first order

1. On September 24, BlackBerry reported second-quarter revenue of $163.3 million, up 26% year-on-year, with adjusted earnings per share of $0.07, higher than the market forecast of $0.04; QNX revenue increased by 27% year-on-year to $80.3 million, reaching a quarterly high and driving performance above expectations.

2. On September 22, Alloy Kore, jointly developed by BlackBerry's QNX and Vector, received its first design order from Coretura, adding over $100 million in QNX royalty order reserves and setting a record for the largest design order in QNX history.

3. On September 24, BlackBerry raised its fiscal 2027 revenue guidance from $594 million–$621 million to $616 million–$636 million. The company also increased its adjusted EBITDA guidance to $141 million–$158 million, and its operating cash flow forecast to about $115 million.

(Disclaimer: This content is collected and summarized from public information by AI technology and is for reference only. It does not constitute investment advice.)