Box: Q1 Earnings Insights

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Box BOX reported its Q1 earnings results on Tuesday, May 30, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Box beat estimated earnings by 18.52%, reporting an EPS of $0.32 versus an estimate of $0.27.

Revenue was up $13.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 12.92% drop in the share price the next day.

Here's a look at Box's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.34 0.30 0.28 0.25
EPS Actual 0.37 0.31 0.28 0.23
Revenue Estimate 256.07M 251.13M 244.90M 234.56M
Revenue Actual 256.48M 249.95M 246.01M 238.43M

To track all earnings releases for Box visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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