Box's Q3 Earnings: Mixed Results, Steady Growth

Boxs Q3 earnings exceeded expectations with $301.1M revenue, a 9.1% increase year-over-year. The company met non-GAAP profit predictions at $0.31 per share. While revenue guidance for the next quarter aligns with analyst estimates, earnings per share guidance fell short, leading to a slight stock price drop. However, positive signs include faster billings growth and efficient customer acquisition, suggesting a stable foundation for the companys role in managing unstructured business data.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.