Cloud content management provider Box Inc reported second-quarter earnings that matched analyst expectations while revenue surpassed forecasts, according to data released after markets closed on Tuesday.
The company posted adjusted earnings per share of $0.40, matching the $0.40 consensus estimate compiled by Refinitiv. Total revenue for the quarter ended July 31 reached $321.1 million, exceeding the $319.33 million estimate and rising 8% year-over-year.
For the current quarter, Box guided revenue to $329 million, above the $324.5 million consensus, while projecting adjusted EPS of $0.39, in line with expectations. Full-year 2027 guidance was revised slightly downward, with revenue projected at $1.29 billion versus the $1.28 billion estimate and adjusted EPS at $1.54 compared with the $1.58 consensus.
Shares of Box closed at $33.00 on Tuesday, up 22.4% over the past three months and 5.9% over the prior 12 months. Analysts have issued seven positive EPS revisions over the last 90 days, with no negative adjustments during the period.
The company’s financial health rating was assessed as "good performance" by InvestingPro.
