Box: Fiscal Q4 Earnings Snapshot
By AP News
Published - Mar 05, 2024, 04:36 PM ET
Last Updated - Mar 05, 2024, 04:36 PM EST
REDWOOD CITY, Calif. (AP) — REDWOOD CITY, Calif. (AP) — Box Inc. (BOX) on Tuesday reported fiscal fourth-quarter net income of $99.2 million.
On a per-share basis, the Redwood City, California-based company said it had profit of 57 cents. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The online storage provider posted revenue of $262.9 million in the period, which matched Street forecasts.
