Braze Stock Soars 22.5% on Strong Q4 Earnings

Generado por agente de IAAinvest Movers Radar
viernes, 28 de marzo de 2025, 4:55 am ET1 min de lectura
BRZE--

On March 28, 2025, Braze's stock price rose to $11.61 in pre-market trading, indicating a positive market sentiment towards the company's recent performance.

Braze reported strong fiscal Q4 results, with revenue reaching $160.4 million, surpassing analysts' expectations of $155 million. This marks a 22.5% year-over-year increase, driven primarily by robust growth in subscription revenue. The company also achieved its third consecutive quarter of non-GAAP net income profitability, with adjusted earnings per share (EPS) of $0.12.

During the earnings call, BrazeBRZE-- highlighted its strong free cash flow of $15 million for the quarter, a significant improvement from the negative $4 million in the previous year. The company also projected revenue for fiscal year 2026 to be between $686 million and $691 million, reflecting continued growth and optimism in its business outlook.

Braze's impressive financial performance and positive outlook have positioned the company favorably in the market, contributing to the upward trend in its stock price.

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