Box (BOX) Tops Q1 EPS by 1c, Offers Q2 and FY Guidance

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Go back to Box (BOX) Tops Q1 EPS by 1c, Offers Q2 and FY Guidance

Box Reports Strong Fiscal First Quarter 2022 Financial Results

May 27, 2021 4:05 PM EDT

Raises Revenue Guidance and Non-GAAP Operating Profit Expectations for the Fiscal Year

Revenue of $202.4 Million, Up 10% Year-Over-Year Remaining Performance Obligations of $864.8 Million, Up 20% Year-Over-Year GAAP Operating Margin of Negative 5%, An Improvement of 8 Percentage Points Year-Over-Year Non-GAAP Operating Margin of 17%, Up 8 Percentage Points Year-Over-Year Cash Flow from Operations of $94.8 Million, Up $32.9 Million Year-Over-Year Free Cash Flow of $75.9 Million, Up $36.0 Million Year-Over-Year Raises FY22 revenue guidance to $845 to $853 Million Initiates FY22 non-GAAP operating margin guidance of 18% to $18.5%

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