Box Announces First Quarter Fiscal 2017 Results
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Canaccord Genuity Cuts Price Target on Box (BOX) to $16 Following Mixed 1Q Report
June 2, 2016 10:44 AM EDTCanaccord Genuity maintained a Buy rating on Box, Inc. (NYSE: BOX), and cut the price target to $16.00 (from $18.00), following the company's 1Q earnings report. Box reported a mixed quarter with revenue and adjusted EBITDA at $90.2M and ($12.1M), ahead of Canaccord's respective estimates by $1.7M and $6.7M. Calculated billings... More
Oppenheimer Cuts Price Target on Box (BOX) to $18; Reiterates Buy
June 2, 2016 9:56 AM EDTOppenheimer maintained an Outperform rating on Box, Inc. (NYSE: BOX), and cut the price target to $18.00 (from $21.00), following the company's 1Q earnings report. Box reported sales of $90.2M and ($0.18), ahead of the Street's $88.7M and ($0.24) targets. However, billings of $75.9M were below consensus of $84.9M.... More
Box (BOX): Huge Customer Additions Drive Upside - Drexel Hamilton
June 2, 2016 8:24 AM EDTDrexel Hamilton analyst, Brian White, reiterated his Buy rating and $18 PT after Box (NYSE: BOX) reported a strong 1Q:FY17 with a big uptick in customer additions and a slightly increased FY:17 outlook. Box reiterated plans to reach positive free cash flow in 4Q:FY17. They are raising estimates and reiterating a BUY rating and $18 PT.
Box... More
JPMorgan Downgrades Box, Inc. (BOX) to Neutral
June 2, 2016 6:46 AM EDTJPMorgan downgraded Box, Inc. (NYSE: BOX) from Overweight to Neutral with a price target of $14.00 (from $18.00).
For an analyst ratings summary and ratings history on Box, Inc. click here. For more ratings news on Box, Inc. click here.
Shares of Box, Inc. closed at $12.81 yesterday.
... MoreBox (BOX) Tops Q1 EPS by 6c; Guides FY Loss Smaller Than Expected, Revs In-Line
June 1, 2016 4:10 PM EDTBox (NYSE: BOX) reported Q1 EPS of ($0.18), $0.06 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $90 million versus the consensus estimate of $88.65 million.
First quarter revenue was strong at $90 million, representing 37% growth year-over-year. We also continued to drive operational efficiency, with GAAP and non-GAAP EPS improving by 9 and 10 cents, respectively,... More
