secwatch.observer — SEC 8-K summary
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Issuer:     Braze, Inc. (BRZE)
CIK:        0001676238
Form:       8-K
Filed at:   2022-06-13T23:59:59+00:00
Accession:  0001676238-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Braze Q1 revenue up 62% YoY to $77.5M; raises FY23 guidance
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- Revenue of $77.5M (up 61.9% YoY); subscription revenue $72.8M.
- Dollar-based net retention 127% for trailing 12 months; customers grew to 1,503.
- GAAP net loss $(0.42)/share; non-GAAP net loss $(0.19)/share.
- Free cash flow $15.7M vs $(4.6)M a year ago; cash & securities $534.1M.
- Raises FY23 revenue guidance to $345-349M; Q2 revenue expected $80.5-81.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676238/000167623822000017/0001676238-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676238/000167623822000017/brz-20220613.htm
  HTML page:      https://secwatch.observer/filing/0001676238-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer