Braze, Inc. (NASDAQ:BRZE) Q2 2023 Results Conference Call September 12, 2022 5:00 PM ET

Company Participants

Christopher Ferris - Head, IR

Bill Magnuson - Co-Founder and CEO

Isabelle Winkles - CFO

Conference Call Participants

Brent Bracelin - Piper Sandler

Ryan MacWilliams - Barclays

Arjun Bhatia - William Blair

Andrew Sherman - Cowen

Jake Titleman - Goldman Sachs

Taylor McGinnis - UBS

Yun Kim - Loop Capital

Brian Schwartz - Oppenheimer

Pinjalim Bora - JPMorgan

Brian Peterson - Raymond James

Operator

Welcome to the Braze Fiscal Second Quarter Results 2023 Earnings Conference Call. My name is Luke and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, we will conclude question-and-answer session.

I’ll now turn over the call over to Christopher Ferris, Head of Braze Investor Relations.

Christopher Ferris

Thank you, operator. Good afternoon and thank you for joining us today to review Braze’s results for the fiscal second quarter 2023.

I’m joined by our Co-Founder and Chief Executive Officer, Bill Magnuson; and our Chief Financial Officer, Isabelle Winkles. We announced our results in a press release issued after the market closed today. Please refer to our investor website at investors.braze.com for more information and a supplemental presentation related to today’s earnings announcement.

During this call, we will make statements related to our business that are forward-looking under the federal securities laws and safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding our financial outlook for the third quarter and full fiscal year ended January 31, 2023; the impact of our planned sales initiatives; our planned product and feature development; our competitive landscape and the behavior of our competitors; our anticipated market opportunity; the impact of current macroeconomic trends; our anticipated customer behaviors; our growth plan; our vision; and our long-term financial targets. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations and reflect our views only as of today.

We assume no obligation to update any such forward-looking statements. For a discussion of the material risks and uncertainties that could affect our actual results, please refer to the risks identified in today’s press release and our SEC filings, both available on the Investors section of our website.

I’d also like to remind you that today’s call will include certain non-GAAP financial measures used by management to evaluate our ongoing operations and to aid investors in further understanding the Company’s fiscal second quarter 2023 performance in addition to the impact these items have on the financial results. Please refer to the reconciliations of our non-GAAP financial measures to the most directly comparable financial measures calculated in accordance with U.S. GAAP included in our earnings release under the Investor Relations portion of our website. The non-GAAP financial measures provided should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with U.S. GAAP.