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00:03BlackBerry reported its fourth straight profitable quarter,
00:06its first such streak in about a decade,
00:08as its QNX software gains traction across industries.
00:12According to the Wall Street Journal,
00:13the company said QNX now runs in 275 million vehicles.
00:18Fourth quarter revenue reached $141.7 million,
00:22exceeding guidance with QNX revenue at $65.8 million
00:27and secure communications at $67.3 million.
00:32The royalty backlog grew to about $865 million.
00:36BlackBerry expects fiscal 2026 revenue of $504 million to $534 million,
00:43adjusted EBITDA of $69 million to $84 million,
00:47and adjusted EPS of $0.08 to $0.10.
00:50The company expanded its collaboration with NVIDIA
00:53to integrate QNXOS for safety 8.0
00:57with NVIDIA iGX Thor for real-time control and AI systems.
01:02The stock holds a hold rating with an average price target of $4.45.
01:07For all things money, visit Benzinga.com.
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