Box Q1 Adj. EPS $0.32 Beats $0.27 Estimate, Sales $251.90M Beat $249.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Box reported Q1 adjusted EPS of $0.32, beating the $0.27 estimate, and sales of $251.90M, surpassing the $249.25M estimate. This represents a 39.13% increase in earnings and a 5.65% increase in sales compared to the same period last year.
May 30, 2023 | 8:12 pm
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Box's Q1 earnings exceeded expectations with a 39.13% YoY increase in EPS and a 5.65% YoY increase in sales.
Box's Q1 earnings beat analyst estimates, with a significant YoY increase in both EPS and sales. This positive financial performance is likely to have a short-term positive impact on the stock price, as it demonstrates the company's growth and ability to exceed expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100