BLZE / Backblaze, Inc. (BLZE) Loses -10.18% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Backblaze, Inc. (BLZE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement more_horizontal

Backblaze, Inc. provides cloud-based storage and recovery software and services. The company's revenue has been steadily rising, but operating losses more_horizontal

Backblaze, Inc. (BLZE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with more_horizontal

SAN MATEO, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud platform, will report finan more_horizontal

Backblaze, Inc. (BLZE) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss more_horizontal

Backblaze, Inc. has seen stagnant share prices and no margin gains despite solid sales growth. The company's net cash holdings are depleting rapidly, more_horizontal

Backblaze, Inc. (NASDAQ:BLZE ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants James Kisner - Vice President of Investor more_horizontal

Backblaze, Inc. (NASDAQ:BLZE ) Q4 2022 Results Conference Call February 15, 2023 4:30 PM ET Company Participants James Kisner - Vice President of Inve more_horizontal