Brief: Backblaze First Quarter Revenue Rises 20%

Backblaze

09/05/2023 21:50

May 9 (Reuters) - Backblaze Inc  BLZE.O :
    * BACKBLAZE INC -  Q1 REVENUE OF $23.4 MILLION, AN INCREASE
OF 20%
YEAR-OVER-YEAR (YOY)
    * BACKBLAZE INC -  Q1 NET LOSS PER SHARE OF $0.50 COMPARED
TO A
NET LOSS PER SHARE OF $0.41 IN Q1 2022.
    * BACKBLAZE INC -  SEES FY REVENUE BETWEEN $98 MILLION TO
$102
MILLION , ADJUSTED EBITDA MARGIN BETWEEN (10)% TO (6)%
    * BACKBLAZE INC -  SEES Q2 REVENUE BETWEEN $24.1 MILLION TO
$24.5
MILLION , ADJUSTED EBITDA MARGIN BETWEEN (11)% TO (7)%

Further company coverage:  BLZE.O 

 ((Reuters.Briefs@thomsonreuters.com;))