BRZE - Why Cloud-Based Software Company Braze Shares Are Higher Today | Benzinga
Braze Inc (NASDAQ: BRZE) shares are trading higher by around 9% after it reported Q3 FY24 results.
Revenue rose 33.1% Y/Y to $124.0 million, beating the consensus of $117.3 million, led by new customers, upsells, and renewals.
Subscription revenue rose to $118.4 million from $89.0 million the prior year, and professional services and other revenue increased to $5.6 million from $4.1 million the prior year.
As of October 31, 2023, remaining performance obligations stood at $560.1 million.
Dollar-based net retention for all customers for ...