Box Reports Record Revenue of $506 Million for Fiscal Year 2018, Up 27% Year-Over-Year, and Delivers Positive Cash Flow From Operations
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DA Davidson Remains Bullish on Box (BOX) Following 4Q
March 2, 2018 8:27 AM ESTDA Davidson reiterated a Buy rating and $25.00 price target on Box, Inc. (NYSE: BOX) following the company's 4Q earnings report. BOX reported revenue of $136.7M versus consensus of $136.6M, and non-GAAP EPS of $(0.06), versus consensus of $(0.08). The stock traded down ~14% in the aftermarket due to... More
Box (BOX) Tops Q4 EPS by 2c
February 28, 2018 4:07 PM ESTBox (NYSE: BOX) reported Q4 EPS of ($0.06), $0.02 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $136.7 million versus the consensus estimate of $136.71 million.
Outlook
Please note, the outlook provided below is based on both the new revenue recognition standard (ASC 606) and the prior revenue recognition standard (ASC 605). Box is adopting ASC 606 beginning with its fiscal year 2019 using the modified retrospective transition method.
For the quarter ending April 30,... More
