Backblaze Inc. (BLZE)
NASDAQ (NMS) NASDAQ (NMS) Primary 
Backblaze, Inc. (BLZE) Q1 2025 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q1 2025 Earnings Call May 7, 2025 5:00 PM ET Company Participants Mimi Kong - Head, Investor Relations Gleb Budman - Co-Founder, Chief Executive Officer and Chairperson Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Mike Cikos - Needham Ethan Widell - B. Riley Securities Maxwell Michaelis - Lake Street Capital Markets Jason Ader - William Blair Victor Chiu - Raymond James Operator Thank you for standing by.
Backblaze, Inc. (BLZE) Reports Q1 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.14 per share a year ago.
Backblaze: As B2 Cloud Storage Accelerates, This Stock Can Rally Fiercely
Backblaze is a promising investment due to AI-driven revenue growth, robust Q4 results, and a strategic sales overhaul boosting its B2 cloud storage business. The company is expecting B2 cloud storage revenue to accelerate consistently as it moves through FY25, a testament to strong secular tailwinds and better sales execution. BLZE balances growth and profitability, maintaining a mid-20s revenue growth pace and a ~10% adjusted EBITDA margin, with positive free cash flow expected in FY25.
Backblaze, Inc. (BLZE) Q4 2024 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Mimi Kong - Senior Director of Investor Relations and Corporate Development Gleb Budman - Chairman and Chief Executive Officer Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Ittai Kidron - Oppenheimer & Co., Inc. Simon Leopold - Raymond James & Associates, Inc. Jason Ader - William Blair & Company Maxwell Michaelis - Lake Street Capital Markets Ethan Widell - B. Riley Securities Operator Thank you for standing by.
Backblaze, Inc. (BLZE) Reports Q4 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago.
Backblaze (BLZE) Upgraded to Buy: Here's What You Should Know
Backblaze (BLZE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wall Street Analysts Believe Backblaze (BLZE) Could Rally 56.97%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 57% in Backblaze (BLZE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Backblaze (BLZE) Stock Jumps 10.5%: Will It Continue to Soar?
Backblaze (BLZE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Backblaze: Great Value Buy Amid Sales Shake-Up
I'm reiterating my buy rating on Backblaze, as the company reported an acceleration in revenue growth in Q3. Backblaze has been focused on upgrading its go-to-market process, bringing on a new Chief Revenue Officer to lead its charge upmarket. The company's layoffs of 12% of its headcount have also led to significant adjusted EBITDA margin expansion.
Backblaze, Inc. (BLZE) Q3 2024 Earnings Call Transcript
Backblaze, Inc. (NASDAQ:BLZE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mimi Kong - Director, Investor Relations & Corporate Development Gleb Budman - Chief Executive Officer & Chairperson Marc Suidan - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Group Ittai Kidron - Oppenheimer & Co. Eric Martinuzzi - Lake Street Capital Markets Ethan Widell - B. Riley Securities Operator Good day, and welcome to the Backblaze Third Quarter 2024 Earnings Call.
Backblaze, Inc. (BLZE) Reports Q3 Loss, Tops Revenue Estimates
Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.21 per share a year ago.
Backblaze: Cloud Storage Momentum Fuels Upside Potential
The company's B2 cloud storage product is seeing strong year over year growth above 40%. Adjusted EBITDA margins are improving, and the business is likely to turn FCF positive next year. Shares are currently trading at an EV/FY25 adjusted EBITDA multiple of 11.7, with expectations for organic growth of 20% and improving margins in the coming years.
