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Stock Market Today, Sept. 24: BlackBerry Lifts Fiscal 2027 Guidance on Record QNX Revenue
The Motley Fool·
BlackBerry (BB) surged 4.18% after beating Q2 earnings expectations with 26% revenue growth and 81% adjusted EBITDA growth, while lifting full-year fiscal 2027 guidance. The company's QNX unit achieved 27% sales growth and is expanding beyond automotive into autonomous vehicles, robotics, and AI applications. However, the analyst notes caution at the current 46x forward earnings valuation.
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