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Backblaze Q1 2023 Earnings Report

Backblaze logo
$6.78 -0.05 (-0.73%)
(As of 02:22 PM ET)

Backblaze EPS Results

Actual EPS
-$0.43
Consensus EPS
-$0.46
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Backblaze Revenue Results

Actual Revenue
$23.39 million
Expected Revenue
$23.25 million
Beat/Miss
Beat by +$140.00 thousand
YoY Revenue Growth
N/A

Backblaze Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Backblaze Earnings Headlines

Lake Street Issues a Buy Rating on Backblaze (BLZE)
Backblaze: Great Value Buy Amid Sales Shake-Up
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About Backblaze

Backblaze (NASDAQ:BLZE), a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.

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