News . Data . Research
Categories AlphaGraphs, Earnings, Technology
Content management platform Box Inc. (NYSE: BOX) has reported higher earnings and revenues for the fourth quarter of 2022. Both the top line and profit topped analysts’ expectations.
Fourth-quarter net income, on an adjusted basis, was $0.24 per share, compared to $0.22 per share in the same period of 2021. On an unadjusted basis, it was a net loss of $8.7 million or $0.06 per share, compared to a loss of $4.9 million or $0.03 per share in the prior-year period.
At $233.4 million, revenues were up 17% and above analysts’ expectations. Billings increased 9% annually to $337.9 million.
Read management/analysts’ comments on Box’s Q4 2021 results
Shares of Box gained around 4% since the beginning of the year. The stock traded slightly lower in the pre-market session on Monday, after closing the previous session higher.
Stocks you may like:
Apple (AAPL) Stock
Microsoft (MSFT) Stock
Alphabet (GOOGL) Stock
International Business Machines Corp. (IBM) Stock
DocuSign, Inc. (NASDAQ: DOCU) on Thursday announced fourth-quarter 2022 financial results, reporting higher earnings and revenues.. On an adjusted basis, the company reported earnings of $0.48 per share, which is
Oracle Corporation (NYSE: ORCL) reported third quarter 2022 earnings results today. Total revenues rose 4% year-over-year to $10.5 billion. Revenues were up 7% in constant currency. Net income dropped 54%
The fast-paced digital transformation and cloud migration in recent years has increased the need for effective solutions to safeguard digital assets. With businesses across the world shifting their workloads to
© 2020 AlphaStreet Inc. All Rights Reserved
44053 Fremont Blvd,
Fremont, CA 94538