Blaize (BZAI) reported a Q1 loss of $1.61 per diluted share, widening from a loss of $1.23 a year earlier.
Three analysts polled by FactSet expected a loss of $0.15.
Revenue for the quarter ended March 31 was $1 million, up from $549,000 a year earlier.
Three analysts surveyed by FactSet expected $900,000.
The company set its revenue guidance in the range of $1.5 million to $1.7 million for Q2 and $19 million to $50 million for full-year 2025. Three analysts surveyed by FactSet expect $1.5 million and $24.7 million for Q2 and 2025, respectively.
Shares of the company rose 5.8% in recent after-hours activity.
Price: 2.94, Change: +0.16, Percent Change: +5.76
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.