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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
