Investing.com - Braze reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Braze announced earnings per share of $-0.16 on revenue of $86.13M. Analysts polled by Investing.com anticipated EPS of $-0.1985 on revenue of $81.16M.
Braze shares are down 43% from the beginning of the year , still down 55.88% from its 52 week high of $98.78 set on Monday, November 22, 2021.
Braze follows other major Information Technology sector earnings this month
Braze's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, compared to forecasts EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday, September 1, 2022 with third quarter EPS of $9.73 on revenue of $8.46B, compared to forecast for EPS of $9.56 on revenue of $8.41B.
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