FMP
Dec 21, 2021(Last modified: Dec 19, 2023)
Braze, Inc. (NASDAQ:BRZE) shares closed more than 17% higher on Tuesday, following the company’s reported Q3 results, with quarterly revenue coming in at $64.0 million (up 63% year-over-year), beating the consensus estimate of $56.4 million.
The business momentum accelerated as the company delivered fast SaaS organic growth and strong results that are anchored by 70% billings growth. The company expects Q4 revenue of $65–66 million, representing a 51%-54% year-over-year growth, and coming above the consensus estimate of $61.3 million.
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