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Braze stock dropped on Wednesday. What happened?

ResultsRead the original at benzinga.com
Neutral

Braze beat the quarter and raised full-year targets, but the company's own forecast for Q3 adjusted profit was lower than estimates; the facts cancel.

BRZE · Braze Inc.

AI read · Neutral

The AI's read

Braze beat Q2 adjusted profit and sales and raised its fiscal 2027 outlook. The company then gave a lower adjusted profit forecast for Q3, so positives and negatives balance.

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