Why Braze Stock Was Surging on Friday
Customer engagement solutions provider Braze (NASDAQ: BRZE) was a blazing-hot stock on Friday, thanks mostly to a very well-received quarterly earnings report. The shares closed the day up over 13%, providing quite a contrast to the 0.3% dip of the S&P 500 (SNPINDEX: ^GSPC).
In its second quarter of fiscal 2026, Braze's revenue came in at just over $180 million. That was nearly 24% higher on a year-over-year basis. Almost all of this total -- nearly $172 million -- derived from subscription revenue, which rose by 23%. The company's take from professional and other services comprised the remainder; at $8.3 million, it grew by 51%.
Image source: Getty Images.
Source Fool.com
