Braze (NASDAQ:BRZE) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.63) by 74.6 percent. This is a 54.29 percent increase over losses of $(0.35) per share from the same period last year. The company reported quarterly sales of $64.00 million which beat the analyst consensus estimate of $56.54 million by 13.19 percent. This is a 62.85 percent increase over sales of $39.30 million the same period last year.
Needham Maintains Buy on Allegro Microsystems, Raises Price Target to $42
Needham analyst Quinn Bolton maintains Allegro Microsystems (NASDAQ:ALGM) with a Buy and raises the price target from $30 to $42.