secwatch.observer — SEC 8-K summary
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Issuer:     Braze, Inc. (BRZE)
CIK:        0001676238
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001676238-23-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Braze Q4 revenue $98.7M (+40% YoY); guides FY2024 revenue $433-438M, non-GAAP loss $(0.55-0.59)/share
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- Q4 revenue $98.7M (+40% YoY); subscription revenue $94.8M; GAAP net loss per share $(0.35), non-GAAP $(0.14).
- FY2023 revenue $355.4M (+49.3% YoY); GAAP net loss per share $(1.47), non-GAAP $(0.64).
- Dollar-based net retention 124% for trailing 12 months; total customers 1,770 (+29% YoY).
- FY2024 Q1 revenue guidance $98.5-99.5M; full year $433-438M; non-GAAP operating loss margin negative 7% or better in Q4 FY2024.
- Entered agreement to acquire North Star, exclusive reseller in Australia and New Zealand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/0001676238-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/brz-20230330.htm
  HTML page:      https://secwatch.observer/filing/0001676238-23-000028

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