Braze lowers Q1 and FY25 EPS guidance, causing shares to decline.

Braze (NASDAQ:BRZE) shares are down after the company issued soft EPS guidance for Q1 and FY25. Despite reporting Q4 FY24 EPS loss of $(0.04), beating estimates, Braze now expects a Q1 adjusted EPS loss of $(0.11)-$(0.10), vs an earlier estimate of $(0.05). The company also projects an FY25 adjusted EPS loss of $(0.12)-$(0.08), vs a previous consensus of $(0.02), and revenue of $570-$575M, vs an earlier estimate of $572.19M.

March 28, 2024
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