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Backblaze Expects Q3 Revenue $32.4M-$32.8M Vs $31.851M Est.; Sees 2024 Revenue Of $126.5M-$128.5M (Prior $126M-$128M) Vs $126.785M Consensus

Author: Benzinga Newsdesk | August 09, 2024 03:26am

Financial Outlook:

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

For the third quarter of 2024 we expect:

  • Revenue between $32.4 million to $32.8 million
  • Adjusted EBITDA margin between 9% to 11%
  • Basic shares outstanding of 43.0 million to 43.5 million shares
     

For full-year 2024 we expect:

  • Revenue between $126.5 million to $128.5 million
  • Adjusted EBITDA margin between 9% to 11%

Posted In: BLZE


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