BUZZ-Blaize surges after smaller-than-expected Q4 loss

Reuters
Yesterday
BUZZ-Blaize surges after smaller-than-expected Q4 loss

** Shares of AI computing firm Blaize BZAI.O surge 24%, hitting their highest in nearly two months

** Co reports Q4 loss of 3 cents/share, smaller than the estimate of 20 cents/share loss, according to data compiled by LSEG

** Total revenue more than doubled to $23.8 million in the quarter, on the back of efforts to build out AI infrastructure, co says

** Stock had lost 43% YTD, as of last close

(Reporting by Niket Nishant in Bengaluru)

((Niket.Nishant@thomsonreuters.com))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10