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Backblaze, Inc. - $BLZE STOCK NEWS

Welcome to our dedicated page for Backblaze news (Ticker: $BLZE), a resource for investors and traders seeking the latest updates and insights on Backblaze stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Backblaze's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Backblaze's position in the market.

Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) has appointed David Ngo as Chief Product Officer (CPO), a veteran in the Software as a Service (SaaS) data protection industry. Ngo will lead the global product management function, shaping strategy, technology roadmap, and execution. With over 500,000 customers and three billion gigabytes of data storage under management, Backblaze aims to continue its success in moving up-market and guiding overall product direction for existing and emerging customer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
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none
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Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) launches Backblaze Computer Backup with Enterprise Control, enhancing endpoint backup solutions for businesses and individuals. The new feature set offers fine-grained permissions, advanced single sign-on, group management controls, and compliance support, catering to large businesses' administration and data protection needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
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none
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Rhea-AI Summary
Backblaze, Inc. (Nasdaq: BLZE) partners with CoreSite to expand its cloud storage services in the eastern U.S., enhancing data resilience and geographic diversity. CoreSite's Reston, Virginia data center provides redundant infrastructure, robust security, and native cloud onramps for easy data replication without egress fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
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none
Rhea-AI Summary
BLZE: Backblaze, Inc. announces 31% B2 Cloud Storage revenue growth and 15% overall revenue growth in Q3 2023. The company reached $100 million in ARR and expects adjusted EBITDA profitability in Q4. Revenue was $25.3 million, with a net loss of $16.1 million. B2 Cloud Storage ARR was $46.8 million, showing a 31% YoY increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.27%
Tags
-
Rhea-AI Summary
Backblaze, Inc. announces 'shard stash,' a new data upload technology that improves upload speeds for small files by up to 30% compared to AWS S3. The increased speeds benefit customers of Backblaze B2 Cloud Storage, especially those who rely on small file uploads. The performance upgrades secure data in offsite backup faster, free up time for IT administrators, and decrease congestion on network bandwidth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
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none
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Rhea-AI Summary
Backblaze and HYCU announce partnership to offer affordable data protection across on-prem and public cloud IT environments
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
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none
Rhea-AI Summary
Backblaze to report Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
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Rhea-AI Summary
Backblaze, Inc. announces the early access launch of Computer Backup v9.0, featuring a dedicated restore app for macOS and Windows clients and essential performance improvements. The restore app simplifies the restore process and eliminates the need for downloading a .zip file. No limits to restore sizes. Available for general access in late September.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
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none
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Rhea-AI Summary
Backblaze expands partnership with Qencode, embedding Backblaze Partner API within Qencode platform for seamless integration of cloud storage in media production workflows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.44%
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none
Rhea-AI Summary
Backblaze updates annual guidance for 2023, raising revenue outlook to $100-102M and improving adjusted EBITDA range to (6.5)% to (4.5)%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.73%
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none
Backblaze, Inc.

Nasdaq:BLZE

BLZE Rankings

BLZE Stock Data

409.79M
35.70M
23.39%
27.43%
3%
Software Publishers
Information
Link
United States of America
SAN MATEO

About BLZE

backblaze provides the lowest cost cloud storage and cloud backup services worldwide. $5/month for unlimited backup of your mac or pc for individuals and businesses. $0.005/gb/month for cloud storage; ideal for developers and it.