Braze Sees Q3 EPS $(0.13)-$(0.14) Vs $(0.15) Est.; Revenue $116.5M-$117.5M Vs $114.31M Est.; FY24 EPS $(0.37)-$(0.39) Vs $(0.51) Est.; Revenue $451.5M-$454.5M Vs $445.13M Est.
Portfolio Pulse from Happy Mohamed
Braze Inc. has released its Q3 and FY24 earnings per share (EPS) and revenue estimates. The company expects Q3 EPS to be between $(0.13) and $(0.14), better than the estimated $(0.15). Q3 revenue is projected to be between $116.5M and $117.5M, surpassing the $114.31M estimate. For FY24, Braze anticipates EPS to be between $(0.37) and $(0.39), better than the $(0.51) estimate, and revenue to be between $451.5M and $454.5M, higher than the $445.13M estimate.
September 07, 2023 | 8:27 pm
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POSITIVE IMPACT
Braze Inc. has projected its Q3 and FY24 EPS and revenue to surpass estimates. This positive financial outlook could potentially boost investor confidence and have a positive impact on the company's stock price in the short term.
Braze Inc.'s projected EPS and revenue for Q3 and FY24 are better than estimates. This positive financial outlook indicates strong performance and growth, which could potentially boost investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100