07:38 AM EDT, 09/25/2025 (MT Newswires) -- BlackBerry (BB.TO) Thursday reported a swing to second-quarter profit as revenue rose, beating estimates. The company also provided third-quarter and fiscal guidance.

Adjusted net income increased to US$24.2 million, or $0.04 per basic share, compared with an adjusted loss of $2.6 million, or $0.00 per share, in the prior year period. The result beat the consensus analyst estimate of $0.01 per share, according to FactSet.

Net income was $13.3 million, or $0.02 per share, a turnaround from the net loss of $19.7 million, or $0.03 per share, last year.

Revenue increased 3% to $129.6 million, beating the US$118.9 million expected.

Blackberry expects total third-quarter revenue of $132 million to $140 million. It is guiding to total revenue of $519 million to $541 million for the full fiscal 2026.

"BlackBerry delivered year-over-year revenue growth and expanded gross margins while reducing operating expenses. This combination ensured strong profitability in the second quarter, beating expectations and achieving a second consecutive quarter of GAAP profitability," said chief executive John Giamatteo.

The company's shares are down $0.02, to $4.27, in U.S. pre-market trading.