BlackBerry lowers Secure Communications forecast on geopolitical and trade caution

BlackBerry CEO John Giamatteo described the trim to Secure Communications full-year revenue and adjusted Ebitda guidance as precautionary, citing broader geopolitical uncertainty and U.S.-Canada trade tensions. The segment depends on government contracts. Giamatteo said the company has not seen a material impact or lost deals. Separately, BlackBerry's QNX embedded software division posted record results, with revenue up 27% to $80.3 million and a $100 million-plus design win, driving a full-year guidance raise.