Backblaze, Inc. (NASDAQ:BLZE) Q3 2023 Earnings Conference Call November 8, 2023 6:00 PM ET

Company Participants

Mimi Kong - Director of Investor Relations

Gleb Budman - Co-Founder, Chief Executive Officer & Chairperson

Frank Patchel - Chief Financial Officer

Mimi Kong - New Director, Investor Relations

Conference Call Participants

Simon Leopold - Raymond James

Ittai Kidron - Oppenheimer

Chad Bennett - Craig-Hallum

Erik Suppinger - JMP Securities

Eric Martinuzzi - Lake Street Capital Markets

Zach Cummins - B Riley Securities

Jason Ader - William Blair

Operator

Good day and welcome to the Backblaze Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Mimi Kong, Director of Investor Relations. Please go ahead.

Mimi Kong

Thank you. Good afternoon and welcome to Backblaze's third quarter fiscal year 2023 earnings call. On the call with me today are Gleb Budman, Co-Founder, CEO and Chairperson of the Board and Frank Patchel, Chief Financial Officer.

Today Backblaze will discuss the financial results that were distributed earlier this afternoon. 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. 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. 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.

You should not rely on our forward-looking statements as predictions of future events. 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.

Our discussion today will include non-GAAP financial measures. These non-GAAP measures should be considered in addition to, not as a substitute for our GAAP results. 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. 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. Please also see our press release or presentation for definitions of additional metrics such as NRR and gross customer retention.