Backblaze

Backblaze, Inc. operates as a cloud provider for businesses and consumers to store, use, and protect their data. The firm, through its storage cloud platform, provides a foundation for businesses, developers, IT professionals, and individuals to store, backup, and archive data, host content, manage media, and build their applications. It also offers B2 Cloud Storage and Computer Backup services. The company was founded by Timothy Nufire, Gleb Budman, Charles Jones, Kwok Hang Ng and Brian Wilson in 2007 and is headquartered in San Mateo, CA.

Earnings data Q3 2021

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Backblaze reports strong Q4 growth, aims for EBITDA breakeven

Backblaze showcased robust performance in Q4 2022, focusing on growth, partnerships, and financial metrics.
The company's strengths include competitive pricing, strategic partnerships, and a strong focus on data security.
Challenges include achieving adjusted EBITDA breakeven, scaling revenue, and attracting larger customers to B2 Cloud Storage.
Opportunities for Backblaze include expanding partnerships, leveraging AI trends, and capitalizing on the need for data lakes in organizations.

Backblaze reports solid Q1 growth, aims for profitability by Q4

Backblaze's Q1 2023 performance reflects growth in revenue, strategic cost-saving benefits, and a focus on achieving adjusted EBITDA breakeven by Q4.
The company's strengths include effective go-to-market strategies, competitive product offerings, and a skilled management team driving shareholder value.
Challenges include profitability targets, cost optimization without layoffs, and the need for impactful marketing strategies to increase brand awareness.
Opportunities exist in expanding partnerships, investor education, sustainability efforts, and demonstrating progress towards financial goals to attract stakeholders.

Backblaze reports strong revenue growth and aims for profitability

Backblaze's Q2 2023 performance showed revenue growth and strategic focus on achieving adjusted EBITDA breakeven.
The company's strengths include competitive advantages, emphasis on privacy, and benefits for shareholders.
Challenges lie in reaching profitability, addressing analyst concerns, and implementing cost-saving measures.
Opportunities for Backblaze include market expansion, AI applications, and optimizing growth strategies.

Backblaze reports robust Q3 performance and eyes AI expansion

Backblaze's Q3 performance was strong, with positive adjusted EBITDA and revenue growth.
The company's focus on innovation, customer expansion, and competitive pricing are key strengths.
Challenges include improving product adoption rates and managing price increases.
Opportunities lie in brand building, AI expansion, and tapping into the open cloud trend.

Backblaze reports strong Q4 performance, eyes upmarket growth opportunities

Backblaze delivered strong financial performance in Q4 2023, showcasing revenue growth, profitability, and customer retention, while outlining optimistic revenue guidance for Q1 and full-year 2024.
The company's strengths in attracting larger businesses, product innovation, and strategic market positioning position it well for continued growth and success.
Challenges such as evaluating customer metrics, declining license usage, managing CapEx, and market competition require strategic focus and adaptation.
Opportunities in moving upmarket, embracing innovation, and expanding product offerings present avenues for Backblaze to capitalize on market trends and drive future growth.

Backblaze reports record Q1 growth, eyes AI opportunities and expansion

Backblaze delivered a strong performance in Q1 2024, marked by record revenue growth, positive EBITDA, and strategic initiatives to drive innovation and customer value.
The company's strengths lie in its leadership in the open cloud movement, focus on AI storage solutions, and commitment to customer satisfaction and operational efficiency.
While facing challenges in leadership transition and scaling operations, Backblaze has opportunities to capitalize on AI growth, expand market reach, and enhance its competitive position.
Overall, Backblaze's Q1 results and strategic direction position it well for continued success, with a solid financial outlook and a focus on driving innovation and customer engagement.

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SAN MATEO, Calif., April 13, 2022 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading independent storage cloud platform, announced today that the company's founders have converted a limited portion of their Class B shares of Backblaze stock to Class A shares. This action was taken in association with non-discretionary, automatic stock trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934 that were previously adopted in late February 2022 during the company's open trading window.

Backblaze Founders Announce Limited Conversion of Class B Shares and Adoption of 10b5-1 Trading Plans

New Transfer Solution Establishes Easy Path From Any Source to B2 Cloud Storage New Transfer Solution Establishes Easy Path From Any Source to B2 Cloud Storage

Backblaze Launches Free Universal Data Migration Service

New offerings include channel-friendly package with new features and margins and a new API for Alliance Partners to provision and manage B2 Cloud Storage on behalf of customers New offerings include channel-friendly package with new features and margins and a new API for Alliance Partners to provision and manage B2 Cloud Storage on behalf of customers

Backblaze Announces Enhanced Partner Program

Joint Solution Offers Easy, Cost-effective, Cloud-based Answer to the Challenges of On-premises Data Growth, Collaboration Issues, and Ransomware Threats Joint Solution Offers Easy, Cost-effective, Cloud-based Answer to the Challenges of On-premises Data Growth, Collaboration Issues, and Ransomware Threats

Backblaze and CTERA Provide All-in-one, Distributed Cloud File Storage Solution

Enhancing Security Testing, Backblaze's Bugcrowd Bug Bounty Program Is Now Open to All Security Researchers Enhancing Security Testing, Backblaze's Bugcrowd Bug Bounty Program Is Now Open to All Security Researchers

Backblaze Doubles Down on Security With Open Bug Bounty Program

Backblaze Enhances Ease and Access to Backblaze B2 Cloud Storage for Developers via Postman Backblaze Enhances Ease and Access to Backblaze B2 Cloud Storage for Developers via Postman

Backblaze Introduces Postman Collection

San Diego, California--(Newsfile Corp. - February 18, 2022) - Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Backblaze, Inc. ("Backblaze " or "the Company") (NASDAQ: BLZE).On or around November 11, 2021, Backblaze conducted its initial public offering ("IPO"), issuing 6,250,000 shares priced at $16.00 per share. Then, on February 17, 2022, the Company reported a net loss that widened to $0.38 compared to a net loss...

(BLZE) News: Did You Lose Money on Your Backblaze Investment? Stock Price Has Plummeted Since IPO - Contact Johnson Fistel

Backblaze Inc. (BLZE) CEO Gleb Budman on Q4 2021 Results - Earnings Call Transcript

56% Revenue Growth in B2 Cloud Storage, 28% Revenue Growth Overall in Q4 2021 56% Revenue Growth in B2 Cloud Storage, 28% Revenue Growth Overall in Q4 2021

Backblaze Announces Fourth Quarter and Full Year 2021 Financial Results

SAN MATEO, Calif., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading storage cloud platform, today announced that retail investors holding Backblaze stock will be able to submit and upvote questions to management in advance of its Q4'21 earnings call. To participate, investors must visit the Say Connect platform at:

Backblaze to Crowdsource Questions from Retail Investors for Q4'21 Earnings Call on February 17

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze to Announce Fourth Quarter 2021 Results on February 17, 2022

Backblaze to Announce Fourth Quarter 2021 Results on February 17, 2022

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Kasten by Veeam Offer Expanded Kubernetes Ransomware Protection and Backup

Backblaze, Kasten by Veeam Offer Expanded Kubernetes Ransomware Protection and Backup

Backblaze, Inc. (BLZE) CEO Gleb Budman on Q3 2021 Results - Earnings Call Transcript

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze Announces Third Quarter 2021 Financial Results

Backblaze Announces Third Quarter 2021 Financial Results

BLZE stock already posted significant gains right out of the gate after a highly anticipated IPO. Still, its upside potential could be huge.

Tap Into the Disruption-Ready Cloud Storage Market With Backblaze

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze to Announce Third Quarter 2021 Results on Dec 13, 2021

Backblaze to Announce Third Quarter 2021 Results on Dec 13, 2021

Backblaze Inc. raised $100 million in an IPO last Thursday and has attracted attention for going public without raising significant funds from private investors.

Backblaze Could Be The Next Cloudflare In The Making

The cloud storage specialist Backblaze addresses vast and growing markets.

Up More Than 100% From Its Recent IPO, Is This Cloud Stock a Buy?

Backblaze has seen a successful public offering. Customer testimonials of this data storage cloud platform are great, and while topline sales growth is solid, this does not translate into great margins (yet).

Backblaze Stock: Interesting Cloud Storage Play

Rivian Automotive

With just $16 million in revenue, Backblaze is smaller than many other technology companies that have come to public markets in recent years.

Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal funding

Backblaze is preparing for its initial public offering (IPO) that will see shares of its stock start trading today and we've got the details! The post Backblaze IPO: 16 Things for Investors to Know as BLZE Stock Debuts Today appeared first on InvestorPlace.

Backblaze IPO: 16 Things for Investors to Know as BLZE Stock Debuts Today

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze Announces Pricing of Initial Public Offering

Backblaze Announces Pricing of Initial Public Offering

Backblaze has filed to raise $100 million in an IPO.

Backblaze Targets $100 Million IPO

SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze Announces Launch of Initial Public Offering

News for Backblaze Stock (BLZE)