Braze, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2024
March 27, 2024 at 04:05 pm EDT
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Braze, Inc. reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported sales was USD 130.96 million compared to USD 98.68 million a year ago. Net loss was USD 28.28 million compared to USD 33.45 million a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.35 a year ago.
For the full year, sales was USD 471.8 million compared to USD 355.43 million a year ago. Net loss was USD 129.17 million compared to USD 138.97 million a year ago. Basic loss per share from continuing operations was USD 1.32 compared to USD 1.47 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. 
