Analysts Offer Insights on Technology Companies: Datadog (NASDAQ: DDOG), Backblaze (NASDAQ: BLZE) and Paycom (NYSE: PAYC)We maintain our Outperform rating given upmarket traction and improving profitability, but recognize that this continues to be a show-me situation. Key takeaways from the quarter include: Decent Third-Quarter Results. Backblaze beat consensus on the top line by $0.2 million (14% year-over-year growth), while total ARR grew 13% year-over-year (B2 Cloud ARR up 26% year-over-year and Computer Backup ARR flat year-over-year). Results were driven by healthy upmarket traction (increased six-figure deal activity) along with stable demand for a diverse set of use-cases (live app, hard storage, backup, and AI-related workloads). Adjusted EBITDA (non-GAAP operating income less depreciation) were $1.8 million above consensus, while non-GAAP EPS came in $0.04 above consensus, highlighting management’s continued focus on driving profitability.