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Backblaze (NASDAQ:BLZE) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Backblaze beat estimated earnings by 59.46%, reporting an EPS of $-0.15 versus an estimate of $-0.37.
Revenue was up $5.81 million from the same period last year.
Last quarter the company beat on EPS by $0.16 which was followed by a 5.27% drop in the share price the next day.
Here's a look at Backblaze's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.37 | -0.42 | -0.43 | -0.42 |
| EPS Actual | -0.21 | -0.24 | -0.26 | -0.27 |
| Revenue Estimate | 25.23M | 24.27M | 23.31M | 22.66M |
| Revenue Actual | 25.30M | 24.59M | 23.39M | 22.93M |
To track all earnings releases for Backblaze visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: BLZE
