Welcome to our dedicated page for Braze news (Ticker: BRZE), a resource for investors and traders seeking the latest updates and insights on Braze stock.
Braze, Inc. (BRZE) is a leading customer engagement platform based in New York, empowering brands to build stronger relationships with their customers through intelligent CRM solutions. With a team of over 100 experts, Braze enables marketers to connect with their audiences on a human level, at scale, driving deep engagement and return on investment (ROI).
The core of Braze's platform is the holistic user profile, providing a comprehensive view of each customer. This profile is supported by robust audience segmentation and advanced multi-channel messaging capabilities. These tools allow brands to leverage user data to create and automate highly personalized marketing campaigns, fostering meaningful dialogues with customers across various devices and channels.
Braze's solutions cater to a wide range of industries, including Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality. The platform's vertically integrated stack includes key functionalities such as data ingestion, classification, orchestration, personalization, and action. Notably, Braze's AI engine, Sage AI, enhances these layers, driving intelligent customer engagement.
The company's powerful CRM platform is trusted by thousands of marketers globally, powering over a billion user profiles. High-profile brands like Domino's, Etsy, iHeartMedia, PicsArt, SoundCloud, and Urban Outfitters rely on Braze to engage, retain, and monetize their customers effectively.
Financially, Braze generates the majority of its revenue from the United States and continues to expand its market presence. The company is venture-funded and continuously innovates to enhance its platform and offer more value to its clients. Stay updated with the most recent developments and company news to understand Braze's impact and initiatives better.
Braze (NASDAQ: BRZE) reported strong fiscal Q2 2025 results, with revenue up 26.4% year-over-year to $145.5 million. The company achieved its first quarter of non-GAAP operating income profitability at $4.2 million and non-GAAP net income of $0.09 per share. Key highlights include:
- Subscription revenue: $140.0 million
- GAAP gross margin: 70.2%
- Non-GAAP gross margin: 70.9%
- Dollar-based net retention: 114%
- Total customers: 2,163
- Free cash flow: $7.2 million
Braze also introduced new products like the Braze Data Platform and Braze for Startups. The company updated its FY 2025 guidance, projecting revenue of $582.5 - $585.5 million and non-GAAP net income of $6.5 - $7.5 million.
Braze (Nasdaq: BRZE) has announced two new initiatives to help brands enhance customer engagement. The Braze for Startups program, launched with VC partner Left Lane Capital, offers VC-backed startups four months of free access to the Braze platform, supporting up to 2 million monthly active users and 120 million emails. Additionally, Braze is introducing a 14-day free trial of its customer engagement platform for brands of all sizes.
The Braze for Startups program includes growth onboarding services and continued platform use after the initial free period. The free trial features guided product tours, industry-specific templates, and hands-on platform use with BrazeAI-powered tools. Both initiatives aim to help brands experience Braze's capabilities firsthand and drive meaningful engagement and business results.
Braze (NASDAQ: BRZE), a leading customer engagement platform, has announced its participation in three upcoming investor conferences. The company's management will be presenting at:
- Citi Global TMT Conference on September 6th, with CEO Bill Magnuson and CFO Isabelle Winkles presenting from 9:10 - 9:50 am ET
- Goldman Sachs Communacopia + Technology Conference on September 9th, with CFO Isabelle Winkles presenting from 1:45 - 2:20 pm PT
- Piper Sandler Growth Frontiers Conference on September 10th, with CEO Bill Magnuson and President Myles Kleeger presenting from 1:30 - 1:55 pm CT
All presentations will be webcast and available on the Braze Investor site at investors.braze.com under the events section.
Braze (NASDAQ: BRZE), a leading customer engagement platform, has announced it will release its financial results for the second quarter of fiscal year 2025, ended July 31, 2024, after U.S. financial markets close on Thursday, September 5, 2024. The company will host a webcast conference call to discuss these results at 4:30 pm ET (1:30 pm PT) on the same day. Investors and interested parties can access the webcast under the events section of the Braze Investor site at investors.braze.com. A replay of the webcast will be made available shortly after the live event.
Braze (NASDAQ: BRZE), a prominent customer engagement platform, announced an Investor Event to be held on September 23, 2024, during its annual customer conference, Forge. The event will take place at Virgin Hotels Las Vegas from 1:30-4:30 pm PT.
The event will be available both as a live broadcast and for on-demand replay on the company's Investor site at investors.braze.com.
Braze (BRZE) has released its third annual Environmental, Social, and Governance (ESG) report, highlighting significant progress in sustainability and social impact initiatives. Key achievements include:
1. Environment: Committed to a science-based target and joined a Virtual Power Purchase Agreement to fund five solar facilities in Michigan, pledging to buy 1,600 MWh of clean power annually for five years.
2. Social: Surpassed $1.8 million in charitable grants to 100+ nonprofits globally, expanded the Tech for an Equitable Future program supporting underrepresented founders, and achieved a perfect score in the HRC 2023-2024 Corporate Equality Index.
3. Governance: Published a Vendor Code of Conduct, maintained ISO 27001 certification and SOC 2 Type 2 compliance for four years, and added Yvonne Wassenaar to the board of directors.
Braze, a leading customer engagement platform, has launched the Braze Data Platform, enhancing data unification, activation, and distribution capabilities for brands. This platform allows seamless integration with leading cloud data platforms, data warehouses, and software providers, enabling brands to leverage first-party data efficiently. Key features include CDI Segments for zero-copy data access, enhanced data management with Braze Catalogs, and integrations with tools like Amplitude, Contentsquare, Mixpanel, and Snowplow for deeper data analysis. The platform aims to help marketers personalize experiences and drive customer engagement.
Braze (Nasdaq: BRZE) reported robust financial results for its fiscal Q1 2025, ending April 30, 2024. Revenue rose by 33.1% YoY to $135.5 million, driven by new customers, upsells, and renewals, despite a $0.8 million revenue reserve due to an April service outage. Subscription revenue reached $130.1 million, while professional services and other revenue were $5.4 million.
GAAP gross margin was 67.1%, and non-GAAP gross margin was 67.9%. The company had a GAAP operating loss of $40.1 million and a non-GAAP operating loss of $10.0 million. GAAP net loss per share was $0.35, and non-GAAP net loss per share was $0.05. Braze ended the quarter with $487.7 million in cash and equivalents.
Notable business wins included companies like Bauer Media Group and Hugo Boss, while significant upsells included Etsy and Lime. Braze is expanding geographically with new offices in Brazil, Romania, UAE, and South Korea, and plans a new data center in Indonesia.
For Q2 2025, Braze forecasts revenue between $140.5 million and $141.5 million, and a non-GAAP net loss per share between $0.03 and $0.04. For FY 2025, revenue is expected to be between $577 million and $581 million, with a non-GAAP net loss per share between $0.06 and $0.10.
Braze (Nasdaq: BRZE), a leading customer engagement platform, has appointed Yvonne Wassenaar to its Board of Directors and Audit Committee. Wassenaar, an experienced cloud and SaaS executive, brings extensive expertise in scaling and transforming businesses. She replaces Doug Pepper, who will remain as a Board Observer.
Wassenaar has a robust background, having served as CEO of Puppet, Airware, and held various roles at New Relic and VMware. She currently serves on several other boards including Arista Networks, Forrester Research, InfoBlox, JFrog, and Rubrik. Braze CEO Bill Magnuson highlighted her vast experience and leadership as vital for the company's next growth phase.
Braze (NASDAQ: BRZE), a leading customer engagement platform, will release its financial results for the first quarter of fiscal year 2025, which ended on April 30, 2024. The announcement will be made after U.S. markets close on June 6, 2024.
A webcast conference call to discuss the financial results will be held on the same day at 4:30 pm ET (1:30 pm PT), and it will be accessible through the Investor section of Braze's website. A replay of the webcast will be available shortly after the live event.
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