Backblaze denies 'sham accounting' claims as short sellers circle

Cloud storage biz says 'baseless allegations' are attempts by analysts to profit Cloud storage and backup provider Backblaze has denied accusations made by financial analysts of "sham accounting" and "insider dumping," as well as claims it inflated cash flow forecasts to hide its real performance.…

Apr 29, 2025 - 17:09
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Backblaze denies 'sham accounting' claims as short sellers circle

Cloud storage biz says 'baseless allegations' are attempts by analysts to profit

Cloud storage and backup provider Backblaze has denied accusations made by financial analysts of "sham accounting" and "insider dumping," as well as claims it inflated cash flow forecasts to hide its real performance.…