Box Shares Fall After Q4 Results, Weak Q1 Guidance

Box, Inc. (NYSE:BOX) released its fourth-quarter results after Tuesday’s closing bell. Here’s a look at the details from the report. 

The Details: Box reported quarterly earnings of 42 cents per share which met the analyst consensus estimate. Quarterly revenue came in at $280 million which beat the analyst consensus estimate of $279.42 million and is an increase over revenue of $262.87 million from the same period last year.

For the fourth quarter, Box reported:

• Remaining performance obligations of $1.466 billion, up 12%, or 14% on a constant currency basis.
• Billings of $398.6 million, up 5%, or …

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