India, June 25 -- BlackBerry Limited (BB) stock climbed 20.53 percent, gaining $1.77 to $10.39 on Thursday, after the cybersecurity and software company reported stronger first-quarter fiscal 2027 results, driven by higher revenue, expanding margins, and improved profitability.
The stock is currently trading at $10.39, compared with its previous close of $8.62 on the New York Stock Exchange. Shares opened at $9.72 and traded between $9.52 and $10.66 during the session. Trading volume reached 36.58 million shares, above the average daily volume of 28.85 million shares.
BlackBerry reported first-quarter revenue of $152.9 million, up from $121.7 million a year earlier. Net income rose to $8.5 million, or $0.01 per share, compared with $1.9 m...