Braze Q2 Adj $0.09 Beats $(0.03) Estimate, Sales $145.50M Beat $141.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Braze (NASDAQ:BRZE) reported strong Q2 earnings, with an adjusted EPS of $0.09, significantly beating the estimated loss of $(0.03). Sales also surpassed expectations, reaching $145.50 million, a 26.40% increase from the previous year.
September 05, 2024 | 8:43 pm
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Braze's Q2 earnings report shows a significant beat on both EPS and sales, indicating strong financial performance and potential positive impact on stock price.
Braze's Q2 earnings per share of $0.09 significantly exceeded the expected loss of $(0.03), marking a 400% beat. Additionally, sales of $145.50 million surpassed estimates by 2.99% and increased by 26.40% year-over-year. These results suggest strong company performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100