BlackBerry raises annual revenue forecast on resilient software spending

Core Viewpoint - BlackBerry has raised its fiscal 2026 revenue forecast due to strong demand for its cybersecurity software, driven by an increase in online hacking incidents [1][2]. Group 1: Revenue Forecast - BlackBerry's annual revenue forecast is now between $519 million and $541 million, an increase from the previous expectation of $508 million to $538 million [2]. - The company reported total second-quarter revenue of $129.6 million, surpassing analysts' average estimate of $122.1 million [2]. Group 2: Earnings Performance - BlackBerry reported earnings of 2 cents per share in the second quarter, a recovery from a loss of 3 cents per share in the same period last year [2]. Group 3: Market Reaction - Following the announcement of the results, U.S.-listed shares of BlackBerry rose approximately 2% in premarket trading [1].