secwatch.observer — SEC 8-K summary
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Issuer:     Backblaze, Inc. (BLZE)
CIK:        0001462056
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001462056-23-000203
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Backblaze Q3 revenue $25.3M (+15% YoY); net loss $16.1M; ARR $100.9M; guides Q4 rev $27.9-28.7M
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- Revenue $25.3M (+15% YoY); B2 Cloud Storage revenue $11.6M (+31% YoY).
- Net loss $16.1M ($0.44 per share) vs $12.8M ($0.40) in Q3 2022.
- Adjusted EBITDA loss improved to $(0.8)M (3% rev) from $(1.9)M (8% rev).
- ARR reached $100.9M (+15% YoY); B2 Cloud ARR $46.8M (+31%).
- Q4 guidance: rev $27.9-28.7M, adj EBITDA margin 1-3%; FY rev raised to $101.2-102.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462056/000146205623000203/0001462056-23-000203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462056/000146205623000203/blze-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001462056-23-000203

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