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. (Nasdaq: BRZE) is a customer engagement software company whose news flow centers on product innovation, AI capabilities, financial performance, and partnerships. As a software publisher in the information sector, Braze regularly issues press releases on quarterly results, new platform features, and analyst recognitions, giving investors and observers insight into how its customer engagement platform and BrazeAI™ strategy are evolving.
Recent news has highlighted fiscal results, including revenue growth, customer count expansion, and metrics such as dollar-based net retention and remaining performance obligations, as reported in its quarterly updates. These releases also discuss non-GAAP financial measures, definitions of operating metrics like annual recurring revenue (ARR), and guidance for upcoming quarters and fiscal years, offering context on the company’s operating model and expectations.
Product and technology announcements are another major theme. Braze has unveiled BrazeAI Decisioning Studio™, BrazeAI Operator™, and BrazeAI Agent Console™, along with enhancements for cross-channel messaging, interactive formats, and data activation features such as Zero-copy Canvas Triggers and calculated attributes. News items also describe integrations with platforms like Google Cloud Marketplace, Google BigQuery, and Snowflake Cortex AI, as well as messaging innovations around RCS for Business and WhatsApp-based experiences.
Readers of the BRZE news page can also expect updates on industry recognitions, such as Braze’s placement as a Leader in the Gartner Magic Quadrant for Multichannel Marketing Hubs, and announcements about programs like Tech for an Equitable Future, which supports underrepresented founders. Conference participation, investor events, and ESG reporting are frequently covered as well. For anyone tracking BRZE stock or the broader marketing technology landscape, this news feed provides an ongoing view into Braze’s financial disclosures, AI roadmap, partnerships, and corporate initiatives.
Braze (NASDAQ: BRZE) announced it will release its financial results for Q4 and the full fiscal year 2022 on March 30, 2022, after U.S. market close. A conference call will follow at 5:00 pm EDT. The company provides a customer engagement platform, enabling brands to enhance interactions with consumers. Braze has received accolades as a top workplace by Fortune in 2021. Investors can access the conference call and additional details through their investor site.
Braze has announced an open call for applications to its Tech for Black Founders program, offering 15 selected Black-led businesses a year of free access to Braze technology to aid in their growth. This initiative, launched in June 2020, addresses the underrepresentation of Black entrepreneurs in the tech sector, where only 1% receive venture capital backing. Eligible businesses must be bootstrapped, have under 100 employees, and less than $30M in VC funding. The program includes comprehensive customer engagement tools and educational resources.
Braze (Nasdaq: BRZE) released its second annual Customer Engagement Review, analyzing trends from a survey of over 1,500 marketing decision-makers across 14 markets.
This year's report emphasizes the shift towards zero- and first-party data, with 96% of brands planning to increase marketing budgets. It highlights the growing challenge of data management, as 32% of brands cite it as a top concern.
Confidence in customer engagement strategies is rising, with 94% of brands rating theirs as good or excellent, correlating with exceeding revenue targets.
Braze (NASDAQ:BRZE) is expanding its global presence with new offices in Toronto and Paris, focusing on localized support for customers like KFC Canada and Tim Hortons. The company also plans to grow its operations in the U.S. with additional locations in Austin and an expanded office in Chicago. Currently, Braze serves 1,247 customers across 64 countries and employs over 1,000 individuals globally. The expansion aims to enhance customer engagement strategies and capitalize on market opportunities.
RudderStack has announced an expanded partnership with Braze (BRZE) to enhance customer engagement through the Braze Currents source integration. This collaboration aims to streamline the process of real-time data ingestion and cross-channel marketing campaigns, enabling brands to build personalized customer experiences. Key benefits include reliable event streaming, continuous data loops, and advanced engagement tools, which promise improved customer retention and lifetime value. The partnership reflects a commitment to delivering impactful customer interactions.
Braze (NASDAQ: BRZE) has announced its participation in the 24th Annual Needham Growth Conference on January 13, 2022. CEO Bill Magnuson will be featured in a fireside chat at 9:15 am EST, discussing Braze's customer engagement strategies. Investors can access a live webcast and replay of the presentation on the Braze Investor site. Recognized for its workplace culture, Braze operates globally, providing real-time customer data processing and cross-channel marketing solutions.
Braze reported a remarkable 62.6% year-over-year revenue growth to $64.0 million for the third quarter ending October 31, 2021. The company achieved a dollar-based net retention rate of 126% over the past year, indicating strong customer engagement. Subscription revenue reached $59.3 million, with a gross margin of 70%. Despite an operating loss of $10.4 million, Braze initiated guidance for fourth quarter revenues between $65.0 - $66.0 million and a full-year revenue forecast of $232.5 - $233.5 million.
Braze (NASDAQ:BRZE) will release its financial results for the third quarter of fiscal 2022, ending October 31, 2021, after U.S. markets close on December 20, 2021. The company will host a conference call at 5:00 PM EST the same day to discuss the results. Investors can access the call via phone or webcast, with a replay available on the Braze Investor site. Braze is recognized as a top workplace and provides a customer engagement platform for brands to enhance interactions.
On November 19, 2021, Braze, Inc. (Nasdaq: BRZE) successfully closed its initial public offering (IPO) of 8,800,000 shares of Class A common stock at $65.00 per share. This includes 800,000 shares sold through the underwriters' option. The offering features 7,500,000 shares sold by Braze and 1,300,000 shares by selling stockholders. Braze did not receive proceeds from the latter. Notable underwriters included Goldman Sachs & Co. LLC and J.P. Morgan. The registration statement was effective as of November 16, 2021.
Braze announced the pricing of its initial public offering (IPO) of 8,000,000 shares of Class A common stock at $65.00 per share. Of these, 6,700,000 shares are offered by Braze, while 1,300,000 shares are from selling stockholders. The underwriters have an option to purchase an additional 800,000 shares. Shares will begin trading on Nasdaq under the ticker symbol 'BRZE' on November 17, 2021, with the offering closing on November 19, 2021, pending customary conditions. Goldman Sachs, J.P. Morgan, and Barclays are lead managers for the IPO.
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