Revenue and Growth - Revenue for the fiscal second quarter 2025 was $145.5 million, a 26.4% increase year-over-year from $115.1 million[1] - Subscription revenue was $140.0 million, up from $109.7 million in the same quarter last year[1] - Revenue for the three months ended July 31, 2024, was $145.5 million, a 26.3% increase from $115.1 million in the same period last year[17] - Gross profit for the six months ended July 31, 2024, was $193.0 million, up 29.7% from $148.7 million in the prior year[17] - Total customers increased to 2,163 from 1,958 year-over-year, with 222 customers having ARR of $500,000 or more[1] Financial Performance - Non-GAAP operating income was $4.2 million, compared to a loss of $7.6 million in the same quarter last year[1] - Net cash provided by operating activities was $11.6 million, a significant improvement from a cash used of $17.5 million in the prior year[2] - Free cash flow reached $7.2 million, compared to a negative $18.7 million in the same quarter last year[2] - Net loss attributable to Braze, Inc. for the three months ended July 31, 2024, was $23.0 million, compared to a net loss of $31.7 million in the same period last year[17] - The company reported a net loss per share of $0.23 for the three months ended July 31, 2024, compared to a loss of $0.33 per share in the same period last year[17] Expenses and Margins - Total operating expenses for the three months ended July 31, 2024, were $130.0 million, an increase of 13.0% from $115.0 million in the prior year[17] - Research and development expenses for the three months ended July 31, 2024, were $33.1 million, a 13.9% increase from $29.1 million in the same period last year[17] - Sales and marketing expenses for the six months ended July 31, 2024, were $138.4 million, up 17.6% from $117.7 million in the prior year[17] - GAAP gross margin improved to 70.2% from 69.2% year-over-year, while non-GAAP gross margin increased to 70.9% from 70.0%[1] - Braze's GAAP operating margin improved to (19.2)% for the three months ended July 31, 2024, compared to (30.7)% in the same period of 2023[27] Cash and Assets - Total current assets increased to $606,422,000 as of July 31, 2024, compared to $601,121,000 on January 31, 2024, reflecting a growth of 0.5%[23] - Cash and cash equivalents rose to $79,119,000 from $68,228,000, marking an increase of 15.5%[23] - Cash provided by operating activities was $31,007,000 for the three months ended July 31, 2024, significantly higher than $5,032,000 in the prior year[24] - Total liabilities increased to $371,906,000 as of July 31, 2024, compared to $366,516,000 on January 31, 2024, reflecting a rise of 1.1%[23] - Total stockholders' equity increased to $453,693,000 as of July 31, 2024, from $444,233,000 on January 31, 2024, showing a growth of 2.9%[23] Deferred Revenue and Obligations - Remaining performance obligations as of July 31, 2024, totaled $689.6 million, with $438.3 million classified as current[1] - Deferred revenue as of July 31, 2024, was $212,145,000, up from $204,269,000, reflecting an increase of 3.4%[23] Strategic Focus and Recognition - The company has been recognized as a leader in the 2023 Magic Quadrant for Multichannel Marketing Hubs by Gartner[15] - Braze aims to enhance its platform capabilities to adapt to changing customer needs and market conditions[17] Stock-Based Compensation - Braze's total stock-based compensation expense for the six months ended July 31, 2024, was $58.1 million, an increase from $48.9 million in the prior year[18] - Braze's stock-based compensation expense increased to $29.822 million for the three months ended July 31, 2024, compared to $24.776 million in the same period of 2023, reflecting ongoing investment in talent[28]

Braze, Inc. (BRZE) will report its second-quarter fiscal 2025 results on Sep. 5, after the bell. The Zacks Consensus Estimate for the bottom line in the to-be-reported stands at a loss of 3 cents, indicating a 25% contraction from the year-ago reported quarter. The consensus estimate for revenues stands at $141.1 million, indicating 22.6% year-over-year growth. There has been no change in analyst estimates or revisions lately. | --- | --- | --- | --- | --- | |----------------------------------------------|- ...

Braze (BRZE) Growth stocks that trade under $50 per share usually have medium-sized underlying businesses. These tend to be up-and-coming companies that are looking to land contracts and accelerate their growth. Their market caps are often below $10 billion, and they have high top-line growth. Such are the companies I've highlighted below. Now, companies with such characteristics have not done so well in the current market. That goes double for those that are not delivering solid profits. I believe that's e ...

Investment overview 2024 150 | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-------|-------|-------|----------|-------|----------|-------| | | | | | | | | | | Revenue growth | | 56% | 58% | 355 49%6 | 32% | $13 32%6 | | | Valuation metrics / Balance sheet (base case) | | | | | | | | | Forward revenue multiple | | | | | | 5 | | | Enterprise value | | | | | | 5367 | | | Net cash | | | | | | 487 | | | Market capitlization | | | | | | 5854 | | | Shares outstan ...

Braze Today The thing to keep in mind is that this most-downgraded stock is still rated a Moderate Buy with ample upside. The downgrades are relative: this stock is also ranked well on the list of Top Rated Stocks. Trading at $36.78 ahead of the Q1 release, the stock was 20% below the lowest analyst target and 65% below the consensus. Because the results include outperformance, momentum is present, and guidance was raised, the analysts should stick to their targets and guide this market higher. New clients ...

Braze, Inc. (NASDAQ:BRZE) Q1 2025 Earnings Conference Call June 6, 2024 4:30 PM ET Company Participants Christopher Ferris - Head of IR Bill Magnuson - Co-Founder and CEO Isabelle Winkles - CFO Conference Call Participants Derrick Wood - TD Cowen D.J. Hynes - Canaccord Ryan MacWilliams - Barclays Arjun Bhatia - William Blair Scott Berg - Needham & Co. Brent Bracelin - Piper Sandler Brian Schwartz - Oppenheimer Michael Berg - Wells Fargo Brian Peterson - Raymond James Pinjalim Bora - JPMorgan Tyler Radke - C ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Braze, Inc. (BRZE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. Braze, which belongs to the Zacks Technology Services industry, posted revenues of $135.46 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 2.96%. This com ...

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒ At May 31, 2024, there were 77,451,377 shares of the registrant's Class A and 24,175,408 shares of the registrant's Class B common stoc ...

Revenue Performance - Revenue for the first quarter of fiscal 2025 was $135.5 million, a 33.1% increase year-over-year from $101.8 million[20] - Subscription revenue was $130.1 million, up from $97.1 million in the same quarter last year[20] - Braze reported revenue of $135.5 million for the quarter ended April 30, 2024, representing a 33.1% increase from $101.8 million in the same quarter of 2023[35] - The company provided guidance for Q2 FY 2025 revenue between $140.5 million and $141.5 million, and full-year revenue guidance of $577.0 million to $581.0 million[43] Customer Metrics - Total customers increased to 2,102 from 1,866 a year ago, with 212 customers having annual recurring revenue (ARR) of $500,000 or more[20] - Dollar-based net retention for all customers was 117%, down from 122% year-over-year[20] - Braze's dollar-based net retention rate was not explicitly stated but is calculated based on the annual recurring revenue (ARR) from existing customers[47] Financial Performance - GAAP gross margin was 67.1%, slightly down from 67.9% in the first quarter of fiscal 2024[20] - Non-GAAP gross margin was 67.9%, compared to 68.8% in the same quarter last year[20] - Gross profit for the quarter was $90.9 million, up from $69.1 million year-over-year, resulting in a gross margin of approximately 67.1%[35] - Total operating expenses for the quarter were $131.0 million, up from $111.0 million in the same quarter of the previous year[35] Losses and Cash Flow - GAAP operating loss was $40.1 million, an improvement from a loss of $41.9 million in the prior year[20] - Non-GAAP operating loss was $10.0 million, compared to a loss of $16.0 million in the first quarter of fiscal 2024[20] - The net loss attributable to Braze, Inc. was $35.6 million, compared to a net loss of $38.5 million in the prior year, indicating a reduction in losses[35] - Non-GAAP loss from operations was $(9,979,000), a significant improvement from $(15,998,000) in the prior year, reflecting a 37.6% reduction in losses[55] - Non-GAAP net loss attributable to Braze, Inc. was $(5,540,000), down from $(12,555,000) year-over-year, indicating a 55.8% improvement[55] - Free cash flow was $11.4 million, down from $21.7 million in the same quarter last year[20] - Non-GAAP free cash flow for the three months ended April 30, 2024, was $11,441,000, a decrease from $21,657,000 in the same period last year[62] Deferred Revenue and Obligations - Remaining performance obligations as of April 30, 2024, totaled $657.3 million, with $419.8 million classified as current[20] - Deferred revenue increased to $25,285,000 in Q1 2024, compared to $15,228,000 in Q1 2023, reflecting a 66.5% growth[59] Stock and Assets - Braze's total cash, cash equivalents, restricted cash, and marketable securities amounted to $487.7 million as of April 30, 2024, an increase from $480.0 million as of January 31, 2024[42] - Braze's total assets as of April 30, 2024, were $816.1 million, compared to $810.9 million as of January 31, 2024[52] - The company had approximately 101.5 million weighted average shares outstanding for the quarter[43] Stock-Based Compensation - Stock-based compensation expense for the three months ended April 30, 2024, was $28,278,000, up from $24,146,000 in the prior year, marking a 17.6% increase[55]

The Nasdaq declined over 2% on Tuesday, and if the momentum keeps going, we could see the tech index below 15,000 points. This turbulence makes investors wonder if the bear has awaked from its slumber, but there still are hypergrowth stocks to buy out there.Generally speaking, this is not good news for hypergrowth stocks to buy or startup firms. However, there can be certain outliers in every market. As the old Wall Street adage goes, bull markets breed complacency, but bear markets breed opportunity. That’ ...