Box Announces Strong First Quarter Fiscal 2016 Results

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UPDATE: Box (BOX) Tops Q1 EPS by 3c; Guides Q2, FY16 Revenue Above Consensus

June 10, 2015 4:07 PM EDT

(Updated - June 10, 2015 4:10 PM EDT)

Box (NYSE: BOX) reported Q1 EPS of ($0.28), $0.03 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $65.6 million versus the consensus estimate of $63.7 million.

"Faced with rapid technological change, enterprises today are going digital by adopting cloud platforms like Box to reimagine how they engage with customers and transform how their employees work," said Aaron Levie, co-founder and CEO of Box. As... More