Braze Q3 FY2023 revenue up 45.6% YoY to $93.1M; dollar-based net retention 126%

Braze, Inc.

2023-Q3 EPS reported -$1.12 revenue$256,751,000

Revenue $93.1M, subscription revenue $89.0M, up 45.6% YoY.
GAAP operating loss $36.9M vs $10.4M; includes $19.3M stock compensation.
Non-GAAP net loss per share $(0.15), GAAP net loss per share $(0.35).
Total customers 1,715 (+37.6% YoY); 148 with ARR ≥$500K (up from 97).
Q4 FY2023 revenue guidance $95-96M; FY2023 guidance raised to $352-353M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Braze, Inc. reported the fiscal quarter ended October 31, 2022 results: revenue $93.1 million, EPS $0.35. Guidance initiated.

Period: the fiscal quarter ended October 31, 2022
Revenue: $93.1 million
EPS: $0.35
Guidance: initiated
Result: reported results

Exact text from the filing

The information contained in this Item 2.02 and --- EX-99.1 (EX-99.1) --- BRAZE REPORTS FISCAL THIRD QUARTER 2023 RESULTS Third quarter revenue grew 45.6% year-over-year to $93.1 million Achieved dollar-based net retention of 126% for the trailing 12 months NEW YORK -- (BUSINESSWIRE) -- December 13, 2022 -- Braze (Nasdaq: BRZE) a leading comprehensive customer

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Source: SEC EDGAR

accession 0001676238-22-000063

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