Categories AlphaGraphs, Earnings, Technology
BOX Infographic: Highlights of Box’s Q1 2024 earnings report
Box, Inc. (NYSE: BOX), a leading content cloud platform, reported an increase in revenues and adjusted profit for the first quarter of 2024.
The company’s revenues increased 6% year-over-year to $251.9 million in the first three months of fiscal 2024. Remaining performance obligations, a measure of revenues to be realized in the next twelve months, rose sharply to $1.18 billion.
Reflecting the top-line growth, adjusted earnings moved up to $0.32 per share during the three-month period from $0.23 per share a year earlier. Unadjusted profit was $3.66 million or $0.02 per share, compared to a loss of $8.92 million or $0.06 per share in the prior-year quarter.
“In FY24, our pace of innovation continues to accelerate as we delivered on key roadmap milestones such as the general availability of Box Canvas and the next generation of Box Shuttle,” said Box’s CEO Aaron Levie.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
