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Stock impact report

BlackBerry Limited (BB) is a Sector Perform at RBC Capital Despite QNX Business Concerns [Yahoo! Finance]

BlackBerry Limited (BB) 
Last blackberry limited earnings: 3/31 04:05 pm Check Earnings Report
US:NYSE Investor Relations: us.blackberry.com/company/investors
Company Research Source: Yahoo! Finance
rating on BlackBerry Limited (NYSE:BB) and set a $4.50 price target. According to the research firm, the company faces near-term headwinds on the QNX business due to project deferrals and platform launch delays. It is one of the reasons QNX revenue grew only 7% in the third quarter, falling short of its long-term 14% compound annual growth rate. Likewise, QNX growth has trended toward the lower end of the company's long-term target. Amid the slow growth, the company delivered its third consecutive quarter of GAAP profitability in Q3 FY26. Non-GAAP earnings per share rose to $0.05, beating consensus estimates by 25% as revenue totaled $141.8 million. GAAP net income totaled $13.7 million, a significant $24 million improvement from the same quarter last year. The better-than-expected results came as BlackBerry made substantial strides in its strategic focus on automotive embedded systems and secure communications. BlackBerry Limited (NYSE:BB) is a software and services company tha Show less Read more
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