John Giamatteo, CEO & Director of BlackBerry Limited (NYSE:BB), speaking at the company’s fourth-quarter earnings conference on Thursday, said, “The turnaround is complete, and the BlackBerry story is now a growth story.”
He said, “QNX delivered another Rule of 40 quarter, rounding out a Rule of 40 year. QNX to remain a Rule of 40 business for fiscal year 2027.” QNX is BlackBerry’s UNIX-like real-time operating system for embedded systems.
QNX: A Core Growth Engine
QNX is the company’s core growth engine. It delivered record revenue for two consecutive quarters, exceeding the top end of the guidance range at $78.7 million and representing 20% year-over-year growth. Giamatteo attributed the rise to a record quarter for royalties and development revenue.
He said, “This is not a business that is slowing down, but rather one that is compounding, powered by our continued leadership in automotive and growing momentum across physical AI, robotics, industrial, medical, and emerging markets.”
Full story available on Benzinga.com
This post was originally published here
