Backblaze, Inc (BLZE) Misses Q4 EPS by 12c, Offers Guidance

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Go back to Backblaze, Inc (BLZE) Misses Q4 EPS by 12c, Offers Guidance

Backblaze Announces Fourth Quarter and Full Year 2021 Financial Results

February 17, 2022 4:05 PM EST

56% Revenue Growth in B2 Cloud Storage, 28% Revenue Growth Overall in Q4 2021

SAN MATEO, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading storage cloud platform, today announced results for its fourth quarter and year ended December 31, 2021.

We were pleased to finish 2021 with strong 28% revenue growth driven by an increasing proportion of our B2 Cloud Storage service, with 56% growth in Q4, and 16% growth in our Computer Backup business, said Gleb Budman, CEO of Backblaze. Our accelerating Q4 growth rate provides an exciting backdrop for us to scale... More