BB is trading 20% up at $10.34 after reporting much better-than-expected fiscal Q1 2027 results and raising its full-year outlook.

  • Revenue grew approximately 26% year-over-year, supported by positive EPS and operating cash flow.
  • Management raised full-year 2027 revenue guidance as the QNX backlog reached roughly $950 million.
  • While the broader tech sector is trending higher, trading is primarily focused on the company's earnings beat and upgraded outlook.