BlackBerry Limited (BB) is a Sector Perform at RBC Capital Despite QNX Business Concerns

It is 1 of the reasons QNX gross grew lone 7% successful the 3rd quarter, falling abbreviated of its semipermanent 14% compound yearly maturation rate. Likewise, QNX maturation has trended toward the little extremity of the company’s semipermanent target. Amid the dilatory growth, the institution delivered its 3rd consecutive 4th of GAAP profitability successful Q3 FY26.

Non-GAAP net per stock roseate to $0.05, beating statement estimates by 25% arsenic gross totaled $141.8 million. GAAP nett income totaled $13.7 million, a important $24 cardinal betterment from the aforesaid 4th past year. The better-than-expected results came arsenic BlackBerry made important strides successful its strategical absorption connected automotive embedded systems and unafraid communications.

BlackBerry Limited (NYSE:BB) is simply a bundle and services institution that shifted from making phones to providing intelligent information bundle and solutions for enterprises and governments, with a absorption connected the Internet of Things (IoT), cybersecurity, and embedded systems, particularly successful the automotive sector.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.