04:36 PM EST, 12/03/2024 (MT Newswires) -- Box (BOX) reported fiscal Q3 non-GAAP earnings late Tuesday of $0.45 per diluted share, up from $0.36 a year earlier.

Analysts polled by FactSet expected $0.42.

Revenue for the quarter that ended Oct. 31 was $275.9 million, up from $261.5 million a year earlier.

Analysts surveyed by FactSet expected $275.4 million.

The company expects fiscal Q4 non-GAAP net income of $0.41 per diluted share on revenue of $279 million. Analysts polled by FactSet expect $0.41 and $279.4 million.

The company expects fiscal 2025 non-GAAP net income of $1.70 per diluted share on revenue of $1.09 billion. Analysts surveyed by FactSet expect $1.67 and $1.11 billion.

The shares of the company traded 2.2% lower in after-hours activity.