Box Announces Strong Second Quarter Fiscal 2016 Results
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September 10, 2015 10:00 AM EDT
Oppenheimer reiterated an Outperform rating and $21.00 price target on Box, Inc. (NYSE: BOX) following the company's 2Q16 earnings results. Box's sales came in ahead of expectations at $73.5M vs. $69.7M. EPS was reported at ($0.28), 1c ahead of consensus.
Analyst Ittai Kidron commented, "Box... More
September 10, 2015 8:52 AM EDT
Canaccord Genuity maintained a Hold rating on Box, Inc. (NYSE: BOX), and cut the price target to $18.00 (from $21.00), on continued pullback on the stock, down 25% since June.
Analyst Richard Davis commented, "Box's pullback over the summer (down 25% since its highs in June) along with its steady stream of product improvements, partnerships and... More
September 9, 2015 4:03 PM EDT
Box (NYSE: BOX) reported Q2 EPS of ($0.28), $0.01 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $73.5 million versus the consensus estimate of $69.81 million.
Box sees Q3 2015 revenue of $76 - $77 million, versus the consensus of $74.3 million.
Box sees FY2016... More
