Backblaze Stock News

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 S...

SAN MATEO, Calif.--(BUSINESS WIRE)---- $BLZE #CloudInfrastructure--The hot cloud storage alternative to traditional cloud providers today announced results for its third quarter ended September 30, 2024.

SAN MATEO, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, and Opti9, an international leader in hybrid cloud solutions, today announced a partnership to bring the performance of Backblaze B2 Cloud Storage to Opti9's suite of managed service offerings and solutions.

SAN MATEO, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its third quarter ending September 30, 2024 on Thursday, November 7, 2024 after market close.

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.

SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company's sales leadership team.

Backblaze beat sales expectations in Q2 and posted a narrower-than-expected loss. The storage specialist also raised its full-year performance targets.

Backblaze, Inc. (NASDAQ:BLZE ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Mimi Kong - Director, Investor Relations & Corporate Development Gleb Budman - Co-Founder, Chief Executive Officer & Chairperson Frank Patchel - Chief Financial Officer Conference Call Participants Ittai Kidron - Oppenheimer & Co. Victor Chiu - Raymond James Jason Ader - WB Ethan Weide...