The event demonstrated how B2 Cloud Storage works with other specialized providers to power a successful open cloud strategy. Thousands of IT administrators, developers, and other cloud architects attended Tech Day, which we co-presented with Coreweave, Fastly, and Snowflakes. We hosted our third annual Tech Day a few weeks ago. And third, our team continues to innovate on our storage cloud, delivering a dramatic increase in upload performance and making our B2 cloud storage up to 30% faster than Amazon Web Services storage offering, while continuing to be just one-fifth the price.īefore Frank talks about the financials, I'd like to share some observations on the industry's continued shift toward the open cloud. Second, we've made great progress on our financial performance, particularly adjusted EBITDA and cash, as Frank will detail later. First, we believe that we're at an inflection point with higher revenue growth expected in Q. Thank you Mimi, and welcome everyone to the call. Thank you for joining us and I would now like to turn the call over to Gleb. Please also see our press release or presentation for definitions of additional metrics such as NRR and gross customer retention.īefore I turn the call over to Gleb, I'd also like to mention that in the latter portion of our call, as in prior calls, we will be addressing questions from investors that we gathered through the Say Technologies platform. You can also find a slide presentation related to our comments in the webcast, which will also be posted to our Investor Relations page after the call. Reconciliation of GAAP to non-GAAP results may be found in our earnings release, which was furnished with our Form 8-K filed today with the SEC. These non-GAAP measures should be considered in addition to, not as a substitute for our GAAP results. Our discussion today will include non-GAAP financial measures. All forward-looking statements that we make on this call are based on assumptions and beliefs as of today and we undertake no obligation to update them except as required by law. You should not rely on our forward-looking statements as predictions of future events. These statements are subject to risk and uncertainties that could cause actual results to differ materially, including those described in our risk factors that are included in our Annual Report on Form 10-K and our other financial filings. Partnerships and sales and marketing initiatives, our ability to compete effectively and manage our growth and our strategy to acquire new customers and retain and expand our business with existing customers. Statements on this call include forward-looking statements about our future financial results, use of our IPO proceeds, results from new features and offerings and the impact of price changes. Today Backblaze will discuss the financial results that were distributed earlier this afternoon. On the call with me today are Gleb Budman, Co-Founder, CEO and Chairperson of the Board and Frank Patchel, Chief Financial Officer. Good afternoon and welcome to Backblaze's third quarter fiscal year 2023 earnings call. I would now like to turn the conference over to Mimi Kong, Director of Investor Relations. ![]() Please note this event is being recorded. ![]() After today’s presentation, there will be an opportunity to ask questions. All participants will be in a listen-only mode. ![]() Good day and welcome to the Backblaze Third Quarter 2023 Earnings Conference Call. Mimi Kong - New Director, Investor RelationsĮric Martinuzzi - Lake Street Capital Markets Gleb Budman - Co-Founder, Chief Executive Officer & Chairperson Mimi Kong - Director of Investor Relations ( NASDAQ: BLZE) Q3 2023 Earnings Conference Call Novem6:00 PM ET
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |