Backblaze(BLZE) - 2024 Q1 - Quarterly Results

Backblaze Announces First Quarter 2024 Financial Results San Mateo, CA (May 8, 2024)—Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: 1 • Annual recurring revenue (ARR) was $122.1 million, an increase of 27% YoY. ◦ B2 Cloud Storage ARR was$ 59.5 million, an increase of 43% YoY. ◦ Computer Backup ARR was $62.6 million, an increase of 15% YoY. • Net revenue retention (NRR) ...