BOX - Box Q3 Performance: Revenue and EPS Miss Weak Guidance Shares Tank | Benzinga
Box Inc (NYSE: BOX) reported third-quarter financial results after the market closed on Tuesday. Here's a rundown of the report and a look at what's sending shares lower after hours.
- Q3 Revenue: $251.54 million missed estimates of $263.69 million
- Q3 EPS: 36 cents missed estimates of 38 cents
Revenues were up 5% year-over-year. Cash from operations came in at $72 million, up 3% year-over-year, and free cash flow totaled $58 million, up 6% year-over-year.
"We continue to execute on our Content Cloud strategy, creating the ...