BRZE Stock Recent News

NEW YORK--(BUSINESS WIRE)---- $BRZE--Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will release its financial results for the fourth quarter of fiscal year 2024, ended January 31, 2024, after U.S. financial markets close on Wednesday, March 27, 2024. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section.

Braze exhibits potential inflection, aiming for a +5% non-GAAP operating margin within the next 12 months.

Braze's 3Q24 revenue grew 33.1%, beating expectations, with subscription revenue increasing 33% year-over-year. The company's balance sheet remains strong, with a net cash position of ~$370 million. The demand environment seems to be gradually turning positive, particularly in the enterprise customer segment, indicating potential for continued growth.

Braze (BRZE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Braze, Inc. (BRZE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Braze, Inc. NASDAQ: BRZE emerged as a solid play on business services, AI and cloud stocks earlier this year, and it is gaining momentum. The Q3 results were strong enough to spark a series of price target upgrades that have the stock up 5% in premarket trading and on track for another 30% gain in the coming months.

Braze, Inc. (NASDAQ:BRZE ) Q4 2024 Earnings Call December 7, 2023 4:30 PM ET Company Participants Christopher Ferris - Head, IR Bill Magnuson - Co-Founder, Chairman and Chief Executive Officer Isabelle Winkles - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Ryan MacWilliams - Barclays Taylor McGinnis - UBS Tyler Radke - Citi Brent Bracelin - Piper Sandler Michael Berg - Wells Fargo Matthew VanVliet - BTIG Pinjalim Bora - JPMOrgan Scott Berg - Needham Brian Schwartz - Oppenheimer D.J. Hynes - Canaccord Andrew Sherman - Cowen Operator Welcome to the Braze Third Quarter Fiscal Year 2024 Earnings Conference Call.

Braze, Inc. (BRZE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.15 per share a year ago.

Growth stock Braze has been on a monster run so far in 2023. Now Braze stock is offering a buying opportunity.

NEW YORK--(BUSINESS WIRE)---- $BRZE--Braze (NASDAQ: BRZE), the comprehensive customer engagement platform that powers interactions between consumers and the brands they love, today announced it will release its financial results for the third quarter of fiscal year 2024, ended October 31, 2023, after U.S. financial markets close on Wednesday, December 6, 2023. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be availab.