secwatch.observer — SEC 8-K summary
======================================

Issuer:     Braze, Inc. (BRZE)
CIK:        0001676238
Form:       8-K
Filed at:   2023-06-08T23:59:59+00:00
Accession:  0001676238-23-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Braze reports Q1 FY2024 revenue $101.8M, up 31.3% YoY; non-GAAP EPS -$0.13
--------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676238/000167623823000065/0001676238-23-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676238/000167623823000065/brz-20230608.htm
  HTML page:      https://secwatch.observer/filing/0001676238-23-000065

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