Box Announces Record Fiscal Year 2016 Revenue of $303 Million, Up 40% Year-Over-Year
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Canaccord Genuity Reiterates Buy on Box (BOX) Following a Positive 4Q
March 10, 2016 10:02 AM ESTCanaccord Genuity maintained a Buy rating and $18.00 price target on Box, Inc. (NYSE: BOX) following the company's 4Q earnings report. Revenue, operating margins, billings, FCF; added roughly 3,000 net new customers in the quarter, bringing the total to 57,000 paying customers, up from 45,000 last year.... More
Another Beat And Raise For BOX (BOX) But Profitability Still Elusive - Stifel
March 10, 2016 8:26 AM ESTBox, Inc. (NYSE: BOX) delivered another quarter of beat / raise results (+4% revenue upside to consensus at $84.9M or +36% y/y) and delivered initial F2017 outlook calling for revenue of $390-$394 million, ahead of Street consensus: $392.0M. Stifel analyst, Aaron Rakers kept his Hold rating and is focused on 3 key issues:
1) Forward Billings Growth (Standardizing Annual Payments): Box has standardized its billing payments on an annualized basis, resulting in revenue growth outpacing billings growth throughout F2017 and a back-end loaded contribution heavily weighted to F4Q17 (>35% F4Q 3-yr avg. contribution) - leaving... More
