{
  "id": 9542792,
  "title": "BlackBerry lifts annual revenue forecast on strength in automotive software business",
  "url": "https://urgent.news/2026/09/24/blackberry-lifts-annual-revenue-forecast-on-strength-in-automotive",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T11:12:46.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441044/blackberry-lifts-annual-revenue-forecast-on-strength-in-automotive-software-business"
  },
  "original_language": "en",
  "account": "BlackBerry has boosted its annual revenue forecast, crediting the robust performance of its QNX software division. The division's second quarter revenue saw a 27% increase to $80.3 million, driven primarily by automotive applications. Key automakers like Audi, General Motors, Hyundai, and Mercedes-Benz utilize QNX software in their digital cockpits, advanced driver assistance systems, and body-control applications. BlackBerry's CEO, John Giamatteo, highlighted the company's software-defined vehicle architectures, which are enabling the deployment of QNX software across a growing number of vehicles. In a significant contract, Coretura, a joint venture between Volvo Group and Daimler Truck, has selected QNX for its next-generation commercial vehicles, potentially adding over $100 million to QNX's royalty backlog. This deal represents BlackBerry's largest QNX contract to date. The company's full-year 2027 revenue outlook is now projected between $616 million and $636 million, up from the previous range of $594 million to $621 million. BlackBerry's second-quarter revenue of $163.3 million exceeded analysts' estimates of $145.6 million.",
  "summary": "BlackBerry raised its full-year revenue forecast on Thursday after its QNX software business reported record quarterly revenue, driven by growth in automotive and new design wins. US-listed shares of the company rose about 3% in premarket trading. Revenue at BlackBerry’s QNX division, which develops software for safety-critical systems in vehicles, robotics, medical devices and industrial…",
  "key_points": [
    "BlackBerry raises 2027 revenue forecast to $616-$636 million",
    "QNX software division revenue up 27% to $80.3 million in Q2",
    "Coretura selects QNX for next-generation commercial vehicles"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "BlackBerry lifts annual revenue forecast on strength in automotive software business",
        "url": "https://urgent.news/2026/09/24/blackberry-lifts-annual-revenue-forecast-on-strength-in-automotive-9544631",
        "published": "2026-09-24T11:03:06.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "BlackBerry lifts annual revenue forecast on strength in automotive software business",
        "url": "https://urgent.news/2026/09/24/blackberry-lifts-annual-revenue-forecast-on-strength-in-automotive-9551645",
        "published": "2026-09-24T12:03:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}