Recap: Braze Q3 Earnings
Portfolio Pulse from Benzinga Insights
Braze (NASDAQ:BRZE) reported Q3 earnings with an EPS of $-0.05, surpassing the estimate of $-0.13 by 61.54%. Revenue increased by $30.83 million compared to the same period last year. In the previous quarter, a beat on EPS estimates resulted in a 3.13% share price increase the following day. Historical earnings performance shows consistent beats on EPS estimates.
December 06, 2023 | 9:15 pm
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Braze reported strong Q3 earnings, beating EPS estimates significantly and showing a substantial year-over-year revenue increase.
Braze's positive earnings report, with a significant beat on EPS and a strong revenue increase, is likely to instill investor confidence and could lead to a short-term uptick in stock price, similar to the last quarter's post-earnings share price rise.
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