Braze, Inc. Shares Surge 17.5% Following Better-Than-Expected Q2 Earnings
Deep News
Sep 05
Shares of multi-channel marketing solutions provider Braze, Inc. (BRZE) jumped 17.5% after the company delivered second-quarter earnings that surpassed expectations and established a 21% annual revenue growth target. The company reported revenue of $180 million, with artificial intelligence and OfferFit integration making substantial contributions to the results.
Although the stock has declined year-to-date, strong buy ratings from analysts have provided support for the stock's recent performance.
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