BlackBerry (RI1) AI Stock Analysis

Company Guidance

For the full year, QNX revenue outlook is 315 to 325 million and adjusted EBITDA is between 95 and 105 million; for Q3, QNX revenue is expected to be between 82 and $88 million, representing 24 percent year over year growth at the midpoint, with adjusted EBITDA of between $27 and $32 million. Secure Communications full year revenue is forecast at $260 to $270 million and adjusted EBITDA at between 50 million and 58 million, with Q3 revenue between $55 and $60 million and adjusted EBITDA between 6 million and 10 million. Licensing full year revenue is expected to be approximately 41 million and adjusted EBITDA approximately 36 million; for Q3 and Q4, licensing is expected to return to a more typical quarterly revenue level of approximately $6 million with adjusted EBITDA of approximately 5 million. Total company full year revenue guidance is $616 to $636 million, representing 14 percent year over year growth, and adjusted EBITDA guidance is 141 to 158 million, representing 43 percent year over year growth; Q3 revenue is expected to be between $143 million and $154 million and adjusted EBITDA between $28 and $37 million, with adjusted basic earnings per share of between $0.04 and $0.05 for the quarter and between $0.19 and $0.22 for the full year. The company expects another quarter of positive operating cash flow of between 20 million and $30 million and full year operating cash flow of approximately $115 million.