Backblaze Q2 revenue up 28% YoY to $20.7M; net loss widens to $11.6M

Backblaze, Inc.

2022-Q2 EPS reported -$0.78 revenue$40,178,000

Revenue $20.7M (+28% YoY); B2 Cloud Storage $7.7M (+45%), Computer Backup $12.8M (+20%).
Net loss $(11.6)M vs $(2.4)M in Q2 2021; adjusted EBITDA $(1.9)M.
ARR reached $82.7M (+28%); B2 Cloud Storage ARR $31.3M (+44%), NRR 126%.
Q3 2022 revenue guidance $21.4M-$21.8M; full-year revenue $83M-$86M.
Hired Kevin Gavin as Chief Marketing Officer in July; launched channel partner program.

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