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BRZE - Braze: Sales Slowdown Is Because Of Change In Sales Strategy

Braze Inc.

2024-04-03 15:32:11 ET

Summary

  • Braze's 4Q24 revenue and subscription revenue grew 33% y/y, in line with expectations.
  • The slowdown in growth in FY25 is attributed to a change in sales strategy, but growth is expected to accelerate back to 30%.
  • Braze's focus on capturing enterprise demand and upselling, along with product innovation in AI, are expected to support future growth.

Summary

For further details see:

Braze: Sales Slowdown Is Because Of Change In Sales Strategy
Stock Information
Company Name: Braze Inc.
Stock Symbol: BRZE
Market: NASDAQ
Website: braze.com
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