Financial PerformanceBackblaze reported healthy second-quarter results above the Street while raising full-year revenue guidance by $1 million at the midpoint.
Growth And ExpansionB2 Cloud's growth reacceleration is driven by momentum with AI customers and increased cross-sell/upsell opportunities, with a projection to exit fiscal 2025 at 30%+ growth.
ProfitabilityManagement is prioritizing improving profitability, with a focus on margin upside and adjusted free cash flow generation as core drivers.