![]() Get the latest Zoom Video Communications, Inc ZM detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. These customers use the Backblaze Storage Cloud platform across more than 175 countries to grow. On average, they predict the companys stock price to reach 20. for the quarter, Company expects Revenue between 21.4 million to 21.8 million.For the year, Company expects Revenue between 83 million to 86 million. (This story corrects second paragraph to remove "early" before next year. View Zoom Video Communications, Inc ZM investment & stock information. Cloud backup and storage provider Backblaze reported a 27 percent revenue bounce in. provided earnings guidance for the third quarter and full year 2022. market for IPOs has been on a tear in 2020, fueled by a buoyant stock market, with more than $65 billion sold in stock, up almost 40% from the total for all of 2019. The global market for cloud storage services is expected to grow from $50.1 billion this year to $137.3 billion by 2025, according to market research firm MarketsandMarkets. ![]() The company offers cloud services through a web-scale software infrastructure built on commodity hardware. The IPO plan coincides with the COVID-19 pandemic driving more businesses to operate digitally and rely on cloud computing for more of their workflow. Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. Library of Congress, according to a 2011 McKinsey study. The black line is the actual closing price. for the quarter, Company expects Revenue between 21.4 million to 21.8. In cloud storage, it competes with the likes of Inc's Amazon Web Services, although Backblaze targets smaller companies.īackblaze said earlier this year it now stores one exabyte of customer data, which is the equivalent of more than 4,000 times the information stored in the U.S. provided earnings guidance for the third quarter and full year 2022. Backblaze, led by co-founder Gleb Budman, started in 2007 selling backup software to consumers and companies, and has since expanded into offering cloud storage services which is now the fastest-growing part of its business.
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