Backblaze, Inc (BLZE) Tops Q3 EPS by 1c, Beats on Revenue; Offers Q4 Revenue Guidance

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Go back to Backblaze, Inc (BLZE) Tops Q3 EPS by 1c, Beats on Revenue; Offers Q4 Revenue Guidance

Backblaze Announces Record Adjusted EBITDA Margin as Part of Third Quarter 2024 Financial Results

November 7, 2024 4:15 PM EST

39% Revenue Growth in B2 Cloud Storage, 29% Revenue Growth Overall in Q3 2024

SAN MATEO, Calif.--(BUSINESS WIRE)-- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its third quarter ended September 30, 2024.

Im excited that we have kicked off a go-to-market transformation and continue to build our upmarket momentum with two multi-year deals each totaling approximately $1 million, said Gleb Budman, CEO of Backblaze. We are also aggressively executing cost efficiencies throughout the organization to accelerate being... More