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) delivers AI-powered customer engagement solutions for global enterprises. This news hub provides investors and professionals with essential updates about the company's strategic developments, product innovations, and market positioning.
Access curated press releases and analysis covering Braze's platform enhancements, partnership announcements, and financial performance. Our collection serves as a reliable resource for understanding the company's impact on marketing technology and customer relationship management sectors.
Key content categories include earnings reports, leadership changes, technological advancements leveraging Sage AI, and cross-industry implementations in retail, finance, and media. All materials maintain factual accuracy while avoiding speculative commentary.
Bookmark this page for streamlined access to Braze's evolving story. Check regularly for updates that could influence your understanding of customer engagement technology trends and corporate strategy.
Braze (Nasdaq: BRZE) unveiled new product innovations at Forge 2024, its annual customer conference. The company introduced Project Catalyst, a BrazeAI™ agent that creates personalized customer experiences by generating multiple variants of journey components. Braze also announced:
1. New BrazeAI™ assistants for advanced personalization logic and message templates
2. Canvas Templates for pre-built use cases
3. Enhancements to the Braze Data Platform, including Cloud Data Ingestion integrations with AWS S3 and Microsoft Azure
4. New channels like LINE and RCS Business
5. Expanded WhatsApp features
These innovations aim to help marketers craft and optimize one-to-one personalized experiences more efficiently, leveraging Braze's integrated tech stack and cross-channel architecture.
Braze (Nasdaq: BRZE) has opened applications for the fifth cohort of its Tech for an Equitable Future product grant program, partnering with BET+ for the first time. The program offers 20 companies with underrepresented founders 12 months of free access to Braze technology and resources. BET+ will provide mentorship, a branding masterclass, and free email advertising to select participants.
The initiative aims to address the funding disparity faced by Black and female entrepreneurs. In 2023, Black-founded startups received less than 0.5% of U.S. venture funding, while women-founded companies garnered just 2.2%. Braze currently supports 31 early-stage startups, including 16 women-founded businesses, with over $900,000 in annualized product value donated in FY'25.
Eligible applicants must be located in APAC, EMEA, or North America, have underrepresented founders, less than $30M in VC funding, fewer than 100 employees, and compatible SDK and resources. The application deadline is January 17, 2025.
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.
