Backblaze Inc expected to post a loss of 18 cents a share - Earnings Preview

Backblaze

05/08/2025 15:58

Backblaze Inc BLZE.OQ BLZE.O is expected to  show a rise in quarterly revenue when it reports  results on August 7 for the period ending June 30 2025

The San Mateo California-based  company is expected to report a 13.2% increase in revenue to $35.412 million from $31.29 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Backblaze Inc is for a loss of 18 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Backblaze Inc is $11.00, about 53% above its last closing price of $5.17

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
-0.19
-0.19
-0.17
Beat
8.9
Dec. 31 2025
-0.23
-0.24
-0.30
Missed
-25.9
Sep. 30 2024
-0.24
-0.24
-0.29
Missed
-20​
Jun. 30 2024
-0.26
-0.27
-0.25
Beat
6.3
​​Mar. 31 2024
-0.29
-0.29
-0.14
Beat
51.4
Dec. 31 2023
-0.37
-0.37
-0.30
Beat
18.9​
Sep. 30 2023
-0.37
-0.37
-0.44
Missed
-17.9
Jun. 30 2023
-0.43
-0.42
-0.41
Beat
3.5

This summary was machine generated August 5 at 14:58 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)