BB Stock Extends Earnings Day Rally – Analyst Says QNX, Secured Communications Might Be Niche But Are ‘Solid Growth Runways’ For BlackBerry
Morningstar analyst William Kerwin said the firm likes the momentum of QNX software platforms in the automotive sector and expects to see long-term secular growth as vehicles become increasingly software-driven. Kerwin added that BlackBerry’s core technology is the driving force behind both units. For Q1, BlackBerry reported total revenue of $152.9 million and adjusted earnings … Read more