Braze Q2 revenue up 54.5% to $86.1M; dollar-based net retention 126%

Braze, Inc.

2023-Q2 EPS reported -$0.77 revenue$163,626,000

GAAP net loss per share $(0.35); non-GAAP net loss per share $(0.16).
Remaining performance obligations (RPO) $410.5M; current RPO $274.2M.
Total customers 1,599 (+43% YoY); 139 customers with ARR >=$500K (+70%).
Free cash flow $(24.7)M vs $(5.7)M a year ago; cash and securities $510.7M.
Guidance: Q3 revenue $90-91M; full-year FY2023 revenue $347-350M.

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