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 and are trading at $43.58 , down-from-52-week-high.
Braze follows other major Information Technology sector earnings this month
Braze's report follows an earnings beat by NVIDIA on August 24, 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 September 1 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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