Backblaze is a storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data. Co. provides these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. The Backblaze Storage Cloud provides the main platform for Co.'s cloud services. Co.'s two cloud services that it provides on its Storage Cloud are: Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases; and Backblaze Computer Backup, which automatically backs up data from laptops and desktops for businesses and individuals. The BLZE stock yearly return is shown above.
The yearly return on the BLZE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BLZE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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