earnings
confidence high
sentiment neutral
materiality 0.75
Braze Q4 revenue $70.4M (+64% YoY); initiates FY2023 guidance with revenue $338-342M
Braze, Inc.
2022-FY EPS reported
-$2.20
revenue$238,035,000
- Q4 revenue $70.4M (+64% YoY); subscription revenue $65.9M; GAAP net loss per share $(0.55).
- Dollar-based net retention 128% (trailing 12 months); customers grew to 1,375 from 890.
- FY2023 guidance: Q1 revenue $72-73M, full year $338-342M; non-GAAP net loss per share $(0.80)-(0.84).
- Lock-up agreements expire April 4, 2022, allowing insider/stockholder sales.
- Operating cash flow $(24.5)M in Q4 vs $0.0M prior year; free cash flow $(26.0)M.