YEXT - Box Reports Weak Q3 Results Joins Yext Asana And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures traded higher this morning, with the Dow Jones futures gaining round 0.1% on Wednesday.
Shares of Box, Inc. (NYSE: BOX) fell sharply in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued FY24 guidance below estimates.
The company said revenue came in at $251.54 million, which missed estimates of $263.69 million. Earnings came in at 36 cents per share, down from estimates of 38 cents per share, according to Benzinga Pro.
Box expects full-year revenue to be between $1.037 billion to $1.039 billion versus estimates of $1.04 billion. The company sees full-year earnings from $1.42 to ...