Shares of cloud content storage and management platform Box (NYSE:BOX) jumped 9.8% in the afternoon session after the company reported first quarter results with revenue narrowly outperforming Wall Street's estimates, while EPS beat by a more convincing margin. On the other hand, its billings unfortunately missed analysts' expectations, and its revenue guidance for next quarter missed Wall Street's estimates. While full year revenue guidance was lowered, it was due to foreign exchange. Constant
Box, Inc. missed its earnings expectations for Q1 2025, reporting an EPS of $0.07739 compared to the anticipated $0.36. The earnings conference call, hosted by Cynthia Hiponia, Vice President of Investor Relations, featured remarks from Co-Founder and CEO Aaron Levie, and Co-Founder and CFO Dylan Smith. Aaron Levie, Co-Founder and CEO of Box, Inc. (NYSE:BOX), […]
Box's (BOX) fiscal first-quarter results benefit from strength in the Content Cloud platform and Enterprise Plus.