BRZE - Braze Stock Is Barreling Higher After Hours: What's Driving The Action? | Benzinga
Shares of customer engagement platform company Braze Inc (NASDAQ:BRZE) are ripping higher in extended trading Thursday on better-than-expected financial results for the first quarter.
What Happened: Braze reported first-quarter revenue of $135.459 million, beating estimates of $131.668 million. Total revenue was up 33.1% year-over-year, primarily driven by new customers, upsells and renewals.
Braze reported a first-quarter adjusted loss of 5 cents per share, beating estimates for a loss of 10 cents per share, according to Benzinga Pro.
“We are off to a solid start in fiscal 2025, delivering strong results in an uneven macro, ...