BlackBerry (BB) stock climbed over 10% on the NYSE after reporting strong first-quarter results and an upbeat forecast. For the first quarter, BlackBerry reported total revenue of $152.9 million and adjusted earnings per share of $0.04, one cent ahead of the $0.03 estimate. The company reported first-quarter operating cash flow of $4.6 million, its "first cash positive fiscal first quarter in nine years," excluding a non-core patent sale in 2024. For the full year, it expects total revenue in the $594 million to $621 million range and adjusted EPS between $0.16 and $0.20. The company touted strong double-digit percentage growth in its QNX, Secured Communications, and Licensing units, stating the underlying foundation of its businesses is “stronger than it has been in years.” BlackBerry expressed excitement about the long-term opportunity in physical AI, noting that “automotive has been a proving ground for the demands of physical AI.”