Box shares are trading lower after the company issued Q3 EPS, Q3 sales and FY24 sales guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Box shares are trading lower after the company issued Q3 EPS, Q3 sales and FY24 sales guidance below estimates.
August 30, 2023 | 12:29 pm
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Box's stock price is trading lower due to lower than expected Q3 EPS, Q3 sales and FY24 sales guidance.
Box's stock price is trading lower as the company's Q3 EPS, Q3 sales and FY24 sales guidance fell short of market expectations. This indicates a potential slowdown in the company's growth, which is negatively affecting investor sentiment and causing a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100