Overview
- Revenue rose 25% year over year to $190.8 million in Q3, topping the company’s prior forecast.
- Guidance calls for Q4 non‑GAAP net income of $15–$16 million on $197.5–$198.5 million in revenue, with full‑year revenue of $730.5–$731.5 million and non‑GAAP net income of $46–$47 million.
- Management pointed to strong pipeline activity, rising demand for Braze AI, and the strongest sequential customer adds since Q3 FY23.
- Attributable net loss widened to $36 million, underscoring the ongoing profitability gap despite top‑line momentum.
- Shares gained about 18% as firms including DA Davidson, Mizuho, Stifel, Wells Fargo, Citi, and Oppenheimer raised price targets or reiterated positive ratings.