BLZE - Backblaze GAAP EPS of -$0.38 misses by $0.05 revenue of $18.7M beats by $0.68M

Backblaze press release (NASDAQ:BLZE): Q4 GAAP EPS of -$0.38 misses by $0.05. Revenue of $18.7M (+28.2% Y/Y) beats by $0.68M. Adjusted EBITDA was -$1.3M, or (7)% of revenue, compared to $2.0 million and 14% of revenue in Q4 2020. Cash and cash equivalents were $104.8 million as of December 31, 2021. For the first quarter of 2022 we expect: Revenue between $19.0 million to $19.5 million vs. consensus of $18.95M; Adjusted EBITDA margin between -20% to -16%. For full-year 2022 we expect: Revenue between $83 million to $86 million; Adjusted EBITDA margin between -18% to -14%.

For further details see:

Backblaze GAAP EPS of -$0.38 misses by $0.05, revenue of $18.7M beats by $0.68M