earnings
confidence high
sentiment positive
materiality 0.70
Braze reports Q1 FY2024 revenue $101.8M, up 31.3% YoY; non-GAAP EPS -$0.13
Braze, Inc.
2024-Q1 EPS reported
-$0.40
revenue$101,780,000
- Revenue $101.8M, +31.3% YoY; subscription revenue $97.1M (up 33.4% YoY).
- Dollar-based net retention 122%; total customers 1,866, up from 1,503 YoY.
- GAAP net loss $0.40/share; non-GAAP net loss $0.13/share, improving from -$0.19.
- Free cash flow $21.7M, vs $15.7M in prior-year quarter.
- Q2 guidance: revenue $108-109M; FY2024 revenue $442.5-446.5M.