secwatch.observer — SEC 8-K summary
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Issuer:     Backblaze, Inc. (BLZE)
CIK:        0001462056
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001462056-22-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462056/000146205622000002/0001462056-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462056/000146205622000002/blze-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001462056-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer