BOX Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y
Box(BOX) zacks.com·2024-05-30 01:11
Box, Inc. (BOX) reported first-quarter fiscal 2025 non-GAAP earnings per share of 39 cents, which beat the Zacks Consensus Estimate by 8.3%. The figure jumped 21.9% year over year.Total revenues of $264.66 million surpassed the consensus mark by 1.15%. The top line increased 5% year over year (8% growth on a constant-currency basis).Solid momentum in the Content Cloud platform and the growing adoption of Enterprise Plus Suites drove top-line growth. The growing momentum of Box AI was also positive.Q4 in Det ...