$TRUMP
$XAU
Braze shares fell 10% due to weak Q3 earnings expectations
-5.16%
Braze Inc (NASDAQ: BRZE) announced second-quarter results that beat analysts’ expectations, but it issued Q3 earnings guidance that came in below expectations, causing its shares to drop 10% in after-hours trading on Tuesday.
The customer engagement platform reported adjusted earnings per share of $0.19 for the second quarter, exceeding analysts’ expectations of $0.15 by $0.04. Revenue was $227.2 million, surpassing the consensus estimates of $220.23 million, representing 26% year-over-year growth compared with $180.1 million in the same period last year. However, investor attention shifted to the company’s Q3 earnings outlook, which ranged from $0.13 to $0.14 per share—below the consensus analyst expectation of $0.16. The midpoint of the range, at $0.135, represents a shortfall of 15.6% versus expectations.
$XAU
Braze shares fell 10% due to weak Q3 earnings expectations
-5.16%
Braze Inc (NASDAQ: BRZE) announced second-quarter results that beat analysts’ expectations, but it issued Q3 earnings guidance that came in below expectations, causing its shares to drop 10% in after-hours trading on Tuesday.
The customer engagement platform reported adjusted earnings per share of $0.19 for the second quarter, exceeding analysts’ expectations of $0.15 by $0.04. Revenue was $227.2 million, surpassing the consensus estimates of $220.23 million, representing 26% year-over-year growth compared with $180.1 million in the same period last year. However, investor attention shifted to the company’s Q3 earnings outlook, which ranged from $0.13 to $0.14 per share—below the consensus analyst expectation of $0.16. The midpoint of the range, at $0.135, represents a shortfall of 15.6% versus expectations.
