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Market Impact: 0.34

Backblaze, Inc. (BLZE) Tops Q1 Earnings and Revenue Estimates

BLZE
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Backblaze reported quarterly EPS of $0.04, beating the Zacks Consensus Estimate for breakeven and improving from a loss of $0.03 per share a year ago. The result is a modest earnings beat and a year-over-year turnaround in profitability, which should support the stock modestly.

Analysis

Backblaze reported quarterly EPS of $0.04, beating the Zacks Consensus Estimate for breakeven and improving from a loss of $0.03 per share a year ago. The result is a modest earnings beat and a year-over-year turnaround in profitability, which should support the stock modestly.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.28

Ticker Sentiment

BLZE0.35