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They're definitely growing, and will likely be profitable at some point in the next few quarters: https://ir.backblaze.com/news-releases/news-release-details/ba
by sgerenser 2y ago
They're definitely growing, and will likely be profitable at some point in the next few quarters: https://ir.backblaze.com/news-releases/news-release-details/backblaze-announces-first-quarter-2024-financial-results https://ir.backblaze.com/news-releases/news-release-details/...
But even on a non-GAAP basis (which excludes stock-based compensation), their net income for the most recent quarter was a loss of $5.5 million.
- AtlasBarfed 2y agoThat just looks like good accounting.