Braze, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
December 06, 2023 at 04:05 pm EST
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Braze, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 123.96 million compared to USD 93.13 million a year ago. Net loss was USD 30.74 million compared to USD 33.36 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.35 a year ago.
For the nine months, sales was USD 340.84 million compared to USD 256.75 million a year ago. Net loss was USD 100.89 million compared to USD 105.52 million a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 1.12 a year ago.
Braze, Inc. provides a customer engagement platform that enables brands to be engaging. The Companyâs platform allows any marketer to collect and take action on any amount of data from any source, so they can engage with customers in real time, across channels from one platform. From cross-channel messaging and journey orchestration to artificial intelligence (Al)-powered experimentation and optimization, its platform enables companies to build and maintain engaging relationships with their customers. Its platform produces data that informs decisions and actions across customer engagement strategies. Its platform is also designed to serve the needs of customers across sizes, stages of growth, industries, and geographies. It supports interactions across both in-product and out-of-product messaging channels. Braze Cloud Data Ingestion allows its customers to set up a direct connection between their data warehouses or platforms and Braze to automatically sync relevant data.
BRAZE, INC. 
