Backblaze, Inc. (BLZE) Reports Q1 Loss, Tops Revenue Estimates

Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.06. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of$ 0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%. There are no easy answers to this key question, but one ...