Box (BOX) Misses Q1 EPS by 2c, Offers Guidance

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Box Reports Strong Fiscal First Quarter 2023 Financial Results

May 25, 2022 4:05 PM EDT

Revenue Growth of 18% Year-Over-Year

GAAP Operating Margin of Breakeven, Non-GAAP Operating Margin of 21%

Raises the Midpoint of Full Year Revenue Guidance and Raises Operating Margin and EPS Guidance

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced preliminary financial results for the first quarter of fiscal year 2023, which ended April 30, 2022.

Our strong first quarter results demonstrate the continued execution of our growth strategy as we execute against a $74 billion market... More