Interested in Backblaze, Inc.? Here are five stocks we like better.
Backblaze exceeded Q2 expectations: Revenue rose 18% year over year to $42.7 million, while adjusted EBITDA nearly doubled to $13 million and the margin reached 30%.
B2 Cloud Storage accelerated: B2 revenue grew 34%, ARR increased 39% to $113 million, and larger-customer momentum strengthened, including four deals above $500,000 and three AI-related wins.
CoreWeave deal boosts visibility and investment needs: The more-than-five-year, $335 million agreement added about $313 million in remaining performance obligations, prompting increased infrastructure spending but supporting raised 2026 revenue guidance of $172 million to $174 million and adjusted EBITDA margin guidance of 27% to 29%.
MarketBeat Week in Review – 05/04 - 05/08
#revenue #five #adjusted #guidance
Backblaze exceeded Q2 expectations: Revenue rose 18% year over year to $42.7 million, while adjusted EBITDA nearly doubled to $13 million and the margin reached 30%.
B2 Cloud Storage accelerated: B2 revenue grew 34%, ARR increased 39% to $113 million, and larger-customer momentum strengthened, including four deals above $500,000 and three AI-related wins.
CoreWeave deal boosts visibility and investment needs: The more-than-five-year, $335 million agreement added about $313 million in remaining performance obligations, prompting increased infrastructure spending but supporting raised 2026 revenue guidance of $172 million to $174 million and adjusted EBITDA margin guidance of 27% to 29%.
MarketBeat Week in Review – 05/04 - 05/08
#revenue #five #adjusted #guidance
3 months ago
