04:48 PM EST, 12/09/2024 (MT Newswires) -- Braze (BRZE) reported late Monday its fiscal Q3 swung to non-GAAP earnings of $0.02 per diluted share from a loss of $0.05 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended Oct. 31 was $152.1 million, up from $124.0 million a year earlier.

Analysts surveyed by FactSet expected $148.2 million.

The company said it expects fiscal Q4 non-GAAP net income per diluted share of $0.05 to $0.06 on revenue of $155 million to $156 million. Analysts surveyed by FactSet expect non-GAAP EPS of $0.04 on revenue of $155.2 million.

For fiscal 2025, Braze now expects non-GAAP net income per diluted share of $0.10 to $0.11 on revenue of $588 million to $589 million. It previously expected non-GAAP EPS of $0.06 to $0.07 on revenue of $582.5 million to $585.5 million. Analysts surveyed by FactSet are looking for non-GAAP EPS of $0.07 on revenue of $584.4 million.

Shares of the company were down 6.4% in recent after-hours activity.

Price: 39.11, Change: -2.69, Percent Change: -6.44