Backblaze Inc reports results for the quarter ended in December - Earnings Summary

Backblaze

15/02/2023 22:52

* Backblaze Inc  BLZE.OQ  reported a quarterly adjusted loss
of 45
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 42
cents per share.
    * Revenue rose 22.6% to $22.93 million from a year ago;
analysts
expected $22.66 million. 
    * Backblaze Inc's reported EPS for the quarter was a loss
of 45
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Backblaze Inc shares had fallen by 8.3% this quarter.
    * The company reported a quarterly loss of $14.79 million.
    * Wall Street's median 12-month price target for Backblaze
Inc is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.42          -0.45          Missed
 Sep. 30 2022      -0.38          -0.40          Missed
 Jun. 30 2022      -0.34          -0.37          Missed
 Mar. 31 2022      -0.36          -0.41          Missed