earnings
confidence high
sentiment positive
materiality 0.80
Braze Q3 revenue $124M (+33% YoY); narrows loss, guides Q4
Braze, Inc.
2024-Q3 EPS reported
-$1.03
revenue$340,843,000
- Revenue $124.0M, up 33.1% YoY; subscription revenue $118.4M.
- GAAP net loss $0.31/shr; non-GAAP net loss $0.05/shr, improving from $(0.15) YoY.
- Dollar-based net retention 118% (trailing 12 months); total customers 2,011.
- Committed ARR surpassed $500M; 189 customers with ARR >=$500K.
- Q4 FY2024 guidance: revenue $124-125M, non-GAAP op loss $(7-8)M.