Backblaze preliminary Q3 revenue $22.0-22.1M, beats guidance; adjusted EBITDA margin improves

Backblaze, Inc.

2022-Q3 EPS reported -$1.18 revenue$62,229,000

Preliminary Q3 revenue $22.0-22.1M, above prior guidance of $21.4-21.8M.
Adjusted EBITDA margin improves to (9)% to (8)% vs prior guided (18)% to (14)%.
B2 Cloud Storage revenue grew over 45% YoY.
Full Q3 results to be reported on Nov 9, 2022 after market close.
Management presenting at LD Micro Conference on Oct 25.

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