secwatch.observer — SEC 8-K summary
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Issuer:     Backblaze, Inc. (BLZE)
CIK:        0001462056
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001462056-23-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Backblaze Q4 revenue $22.9M (+23% YoY); net loss widens to $14.8M, guides FY2023 rev $98-102M
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- Q4 revenue $22.9M (+23% YoY); B2 Cloud Storage revenue up 44% to $9.5M.
- Net loss $14.8M ($0.45/share) vs $9.6M loss in Q4 2021; adjusted EBITDA -$2.5M (-11% of revenue).
- ARR $92M (+22% YoY); B2 Cloud Storage ARR $38.6M (+44%); net revenue retention 113%.
- Full-year 2022 revenue $85.2M (+26%); net loss $51.7M vs $21.7M in 2021.
- Q1 2023 guidance: revenue $23.1-23.5M, adj. EBITDA margin (15)% to (11)%; FY2023 rev $98-102M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462056/000146205623000073/0001462056-23-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462056/000146205623000073/blze-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001462056-23-000073

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