Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Box Inc. (BOX) Q1 2021 Earnings Report
Box Inc. (NYSE: BOX) reported profit for the first quarter of 2021, compared to a loss last year, aided by an increase in revenues. The results also exceeded Wall Street’s prediction and the company’s stock gained on Wednesday evening.

On an adjusted basis, the tech firm posted earnings of $0.10 per share, compared to a loss of $0.03 per share in the corresponding period of last year. Analysts were looking for a lower profit. On a reported basis, it was a net loss of $25.55 million or $0.17 per share, compared to a loss of $36.83 million or $0.25 per share last year.
The improvement in the bottom-line performance reflects an increase in revenues to $183.56 million from $162.97 million a year earlier. Revenues also topped the Steet view.
Shares of Box rose sharply during Wednesday’s extended trading after closing the regular session higher. The stock has gained 13% since the beginning of the year and 6% in the past twelve months.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive Company’s Q4 2022 financial results
Colgate-Palmolive Company (NYSE: CL) reported fourth quarter 2022 earnings results today. Net sales increased 5% year-over-year to $4.62 billion. Organic sales growth was 8.5%. Net income attributable to Colgate-Palmolive Company was
Key highlights from Chevron Corporation’s (CVX) Q4 2022 earnings results
Chevron Corporation (NYSE: CVX) reported fourth quarter 2022 earnings results today. Total revenues and other income were $56.4 billion compared to $48.1 billion in the year-ago period. Net income attributable
AXP Earnings: All you need to know about American Express’ Q4 2022 earnings results
American Express Company (NYSE: AXP) reported fourth quarter 2022 earnings results. Consolidated total revenues net of interest expense were $14.2 billion, up 17% from a year ago. Net income was