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Box Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Sets Q3, Full-Year Guidance
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Box Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Sets Q3, Full-Year Guidance
Aug 27, 2024 2:15 PM

04:49 PM EDT, 08/27/2024 (MT Newswires) -- Box (BOX) reported fiscal Q2 non-GAAP earnings late Tuesday of $0.44 per diluted share, up from $0.36 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Revenue for the quarter that ended July 31 was $270 million, up from $261.4 million a year earlier.

Analysts surveyed by Capital IQ expected $269.2 million.

The company expects fiscal Q3 non-GAAP net income of $0.41 to $0.42 per diluted share. Analysts surveyed by Capital IQ expect $0.39.

The company expects Q3 revenue of $274 million to $276 million. Analysts polled by Capital IQ expect $270.7 million.

The company expects fiscal 2025 non-GAAP net income of $1.64 to $1.66 per diluted share. Analysts surveyed by Capital IQ expect $1.59.

The company expects full-year revenue of $1.086 billion to $1.090 billion. Analysts polled by Capital IQ expect $1.079 billion.

Company shares traded 5% higher in after-hours activity.

Price: 30.31, Change: +1.49, Percent Change: +5.17

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