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Box (BOX) PT Raised to $22 at Drexel Hamilton Following Solid Q3

Go back to Box (BOX) PT Raised to $22 at Drexel Hamilton Following Solid Q3

Box Reports Record Third Quarter Revenue of $102.8 Million, Up 31% Year-Over-Year

November 30, 2016 4:05 PM EST

Deferred Revenue Up 36% Year-Over-Year GAAP EPS of ($0.30) and Non-GAAP EPS of ($0.14) Improved Significantly Cash Flow from Operations Improved by $10.5 Million Year-Over-Year

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), a leading enterprise content platform, today announced financial results for the third quarter of fiscal 2017, which ended October 31, 2016.

"In the third quarter, we delivered record revenue of $102.8 million, up 31% year-over-year, and continued to improve operational efficiencies throughout the business," said Aaron Levie, co-founder and CEO of... More