Backblaze, Inc (BLZE) Tops Q4 EPS by 3c, provides guidance

Backblaze, Inc (NASDAQ: BLZE) reported Q4 EPS of ($0.15), $0.03 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $28.7 million versus the consensus estimate of $28.21 million.

GUIDANCE:

Backblaze, Inc sees Q1 2024 revenue of $29.6-30 million, versus the consensus of $28.907 million.

Adjusted EBITDA margin between 4% to 6%.
Basic shares outstanding of 39.5 to 40.5 million shares.

For full-year 2024:

Revenue between $126.0 million to $128.0 million, versus the consensus of $123.8 million.
Adjusted EBITDA margin between 8% to 10%.

For earnings history and earnings-related data on Backblaze, Inc (BLZE) click here.

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