Overview
- BlackBerry shares jumped about 10% Thursday after the company beat Q4 estimates and issued stronger guidance.
- The company reported $156 million in fourth‑quarter revenue and $24.3 million in profit, with secure communications up 8% to $72.5 million.
- Management guided first‑quarter sales to $132 million to $140 million and set full‑year revenue at $584 million to $611 million, citing demand across QNX and secure communications.
- QNX, the real‑time operating system embedded in cars and other devices, grew 20% to a record $78.7 million with a royalty backlog near $950 million.
- Executives said stronger cash and earnings open the door for small acquisitions to speed QNX growth and for opportunistic share buybacks.