{"id":20344,"date":"2023-06-09T04:43:32","date_gmt":"2023-06-09T08:43:32","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/braze-stock-gains-9-on-q1-beat-strong-guidance\/"},"modified":"2023-06-09T04:43:32","modified_gmt":"2023-06-09T08:43:32","slug":"braze-stock-gains-9-on-q1-beat-strong-guidance","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=20344","title":{"rendered":"Braze stock gains 9% on Q1 beat & strong guidance"},"content":{"rendered":"
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\u00a9 Reuters. Braze stock gains 9% on Q1 beat & strong guidance<\/span>
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Braze <\/span><\/span> (NASDAQ:) shares surged more than 9% after-hours following the company\u2019s Q1 earnings, with EPS of ($0.13) coming in better than the consensus estimate of ($0.18).<\/p>\n

Revenue grew 31.3% year-over-year to $101.8 million, beating the consensus estimate of $98.99M, driven primarily by new customers, upsells, and renewals.<\/p>\n

\u201cWe are off to a great start to fiscal 2024, delivering impressive results driven by strong demand for the Braze Customer Engagement Platform,\u201d said CEO Bill Magnuson.<\/p>\n

For Q2\/24, the company expects EPS of ($0.13)-($0.14), compared to the consensus of ($0.16), and revenue of $108M-$109M, compared to the consensus of $107.18M.<\/p>\n

For the full year, the company expects EPS of ($0.51)-($0.55), compared to the consensus of ($0.55), and revenue of $442.5M-$446.5M, compared to the consensus of $436.43M.<\/p>\n

\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Braze stock gains 9% on Q1 beat & strong guidance Braze (NASDAQ:) shares surged more than 9% after-hours following the company\u2019s Q1 earnings, with EPS of ($0.13) coming in better than the consensus estimate of ($0.18). Revenue grew 31.3% year-over-year to $101.8 million, beating the consensus estimate of $98.99M, driven primarily by new […]<\/p>\n","protected":false},"author":1,"featured_media":2931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-20344","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nBraze stock gains 9% on Q1 beat & strong guidance | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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