Braze Q2 EPS $(0.04) Beats $(0.14) Estimate, Sales $115.11M Beat $108.63M Estimate
Portfolio Pulse from Happy Mohamed
Braze (NASDAQ:BRZE) reported Q2 earnings per share (EPS) of $(0.04), beating the analyst consensus estimate of $(0.14) by 71.43%. This is a 75% increase over losses from the same period last year. The company also reported quarterly sales of $115.11 million, beating the analyst consensus estimate of $108.63 million by 5.96%. This is a 33.64% increase over sales from the same period last year.
September 07, 2023 | 8:24 pm
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POSITIVE IMPACT
Braze's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Braze's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increase in earnings and sales compared to the same period last year further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100