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Braze Fiscal Q4 Non-GAAP Loss Narrows, Revenue Rises; Fiscal Q1, 2025 Outlook Set
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Braze Fiscal Q4 Non-GAAP Loss Narrows, Revenue Rises; Fiscal Q1, 2025 Outlook Set
Mar 27, 2024 2:14 PM

04:37 PM EDT, 03/27/2024 (MT Newswires) -- Braze (BRZE) reported a fiscal Q4 non-GAAP net loss late Wednesday of $0.04 per diluted share, compared with a net loss of $0.14 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05.

Revenue for the quarter that ended Jan. 31 was $131 million, up from $98.7 million a year earlier.

Analysts surveyed by Capital IQ expected $124.6 million.

The company expects a fiscal Q1 non-GAAP loss of $0.10 to $0.11 per share on revenue of $131 million to $132 million. Analysts surveyed by Capital IQ expect a loss of $0.05 and sales of $127.8 million.

Braze expects a fiscal 2025 non-GAAP loss of $0.08 to $0.12 per share on sales of $570 million to $575 million. Analysts surveyed by Capital IQ expect a loss of $0.02 and revenue of $571.3 million.

Price: 50, Change: -0.58, Percent Change: -1.15

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