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Backblaze Sees Q2 Revenue $30.7M-$31.1M Vs $30.75M Est.; FY24 Revenue $126M-$128M Vs $127.04M Est.

Benzinga ·  May 9 07:00

Financial Outlook:

Based on information available as of the date of this press release,

For the second quarter of 2024 we expect:

  • Revenue between $30.7 million to $31.1 million
  • Adjusted EBITDA margin between 6% to 8%
  • Basic shares outstanding of 42.0 million to 42.5 million shares

For full-year 2024 we expect:

  • Revenue between $126.0 million to $128.0 million
  • Adjusted EBITDA margin between 8% to 10%
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