![]() īackblaze is a leading independent cloud provider that makes it astonishingly easy for businesses and consumers to store, use, and protect their data. Phone registrants will receive dial-in information via email.Īn archive of the webcast will be available shortly after its completion on the Investor Relations section of the Backblaze website at. Revenue between $17.7 million to $18.2 million.Īdjusted EBITDA margin between -10% to -6%.īackblaze will host a conference call today, December 13, 2021, at 2 p.m. This does not include net cash proceeds of $103 million from our IPO in November 2021.īased on information available as of December 13, 2021, for the fourth quarter of 2021 we expect: Net loss per share was $(0.32) compared to $(0.10) in Q3 2020.Īdjusted EBITDA was $0.8 million, or 5% of revenue, compared to $2.8 million and 20% of revenue in Q3 2020.Ĭash and cash equivalents were $4.7 million as of September 30, 2021. Net loss was $6.0 million compared to $1.9 million in Q3 2020. Gross profit of $8.8 million, or 51% of revenue, compared to $6.7 million and 49% of revenue, in Q3 2020.Īdjusted gross profit of $12.8 million, or 74% of revenue, compared to $10.0 million and 72% of revenue in Q3 2020. Revenue was $17.3 million, an increase of 25% year-over-year (YoY).ī2 Cloud Storage revenue was $6.0 million, an increase of 59% YoY.Ĭomputer Backup revenue was $11.2 million, an increase of 13% YoY. We believe the future is being built on independent clouds, and we plan to use our IPO proceeds to help accelerate future growth in this large and fast-growing market," continued Mr. "Our successful IPO in November was an important milestone for the company and a recognition by the markets of the mid-market public cloud storage opportunity. "We delivered continued strong Q3 growth overall, led by rapid 59% revenue growth in B2 Cloud Storage and consistent double-digit growth of 13% in Computer Backup," said Gleb Budman, CEO of Backblaze. (Nasdaq: BLZE), a leading storage cloud platform, today announced results for its third quarter ended September 30, 2021. SAN MATEO, Calif., December 13, 2021-( BUSINESS WIRE)-Backblaze, Inc. 59% Revenue Growth in B2 Cloud Storage, 25% Revenue Growth Overall
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