Braze Rises 2% on Strong Revenue Beat and $325M AI…
From Financial Modeling Prep: 2025-03-28 18:00:00
Braze (NASDAQ:BRZE) shares rose 2% after reporting Q4 revenue of $160.4 million, beating estimates. Despite a net loss of $17.06 million, the company’s momentum in customer engagement software was evident. Braze’s $325 million acquisition of Offerfit, a leader in AI decisioning, is expected to drive future growth and profitability.
Investors are optimistic about Braze’s acquisition of Offerfit, a move that signals the company’s commitment to enhancing personalized customer experiences. Despite missing profit expectations, Braze’s strong revenue growth and strategic acquisitions position it well for future success in the tech sector.
Braze’s Q1 guidance of $4.5 million to $5.5 million in adjusted net income indicates a positive outlook for profitability in the coming months. The company’s focus on innovation and strategic investments, such as the Offerfit acquisition, reinforces its position as a leader in customer engagement software.
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