From Yahoo Finance: 2025-06-07 15:07:00

Braze, Inc. (BRZE) saw a 17.65% drop in share prices on Friday, closing at $29.73 per share due to disappointing earnings in Q1 of fiscal year 2026. Despite a 20% revenue increase to $162 million, the company reported a net loss of $35 million. For Q2, BRZE aims for $171-172 million in revenue and a net income of $2.5-3.5 million, with full-year revenue projected at $702-706 million and a net income of $17-21 million. The company also appointed Ed McDonnell as the new chief revenue officer. CEO Bill Magnuson believes McDonnell’s experience will boost growth.



Read more at Yahoo Finance: Why Braze, Inc. (BRZE) Crashed On Friday