Anyone researching Box, Inc. (NYSE:BOX) might want to consider the historical volatility of the share price...
Box Inc reported better-than-expected quarterly revenue on Wednesday, as the global shift to work from home due to the coronavirus crisis boosted demand for its online collaboration tools. "The need for more organizations to develop remote work and digital transformation strategies on modern cloud platforms has never been greater," Co-founder and Chief Executive Officer Aaron Levie said in a statement. Box's first-quarter billings, which is revenue plus the change in deferred revenue, rose 8% to $128.1 million.
White Brook Capital is a fund founded by Basil Alsikafi last year in August. The fund delivered negative returns of about 35.79% in the first quarter. Basil Alsikafi said in a letter to investors (download a copy here) that Itron Inc (NASDAQ:ITRI) stock struggled in the first quarter. The stock fell in the first quarter […]
PagerDuty, a cloud-computing tech company, is partnering with many on-demand digital brands including Netflix, Peloton and Zoom as many across the globe work from home. Jennifer Tejada, PagerDuty CEO, joins Yahoo Finance to discuss their partnerships and how the coronavirus pandemic may impact the future of the workforce.
Box (BOX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Appian (APPN) today announced an integration partnership with Box, a leading cloud content management platform, to make enterprise collaboration more efficient, secure, and valuable. Users of Appian’s Low-code Automation Platform can now seamlessly integrate with the Box platform for a wide variety of document-centric use cases in minutes with Appian’s no-code Plug-In Connector. The integration partnership unites Box’s best-of-breed content management and security with Appian’s industry-leading process management and security.
Box (BOX) delivered earnings and revenue surprises of 100.00% and 0.34%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
If you rebuild the workplace after COVID-19, will the workers ever come back? In Silicon Valley, the answer from many tech companies is that many won’t, and maybe that is a good thing.
Box (NYSE:BOX), a leader in cloud content management, today announced the appointment of Bethany Mayer as an independent director pursuant to an agreement with Starboard Value LP to add new independent directors to Box’s Board of Directors. Mayer brings more than 30 years of technology experience, including her operating roles as former CEO of Ixia, Senior Vice President and General Manager of the Networking Business Unit at Hewlett Packard, and Senior Vice President of Worldwide Marketing and Alliances at Blue Coat Systems.
NEW YORK, NY / ACCESSWIRE / May 27, 2020 / Box, Inc. (NYSE:BOX) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 27, 2020 at 5:00 PM Eastern Time. To ...
In this episode of Yahoo Finance Presents, correspondent Brian Sozzi speaks with Dropbox Founder & CEO Drew Houston about the companies technology to support remote workers as well as their collaboration with Zoom. Houston also discusses how he personally is being affected by the COVID-19 pandemic.
Box (NYSE:BOX) today announced that it will report financial results for its first quarter, which ended April 30, 2020, following the close of the market on Wednesday, May 27, 2020. On that day, Box’s management will hold a conference call and webcast at 2:00 p.m. PT to discuss Box’s financial results and business developments.
Increasing demand for cloud content management solutions is likely to reflect on Box's (BOX) fiscal Q1 results.
Box, Inc. (NYSE:BOX), a leader in cloud content management, today announced financial results for the first quarter of fiscal year 2021, which ended April 30, 2020.
Box Inc. shares climbed 6% in the extended session Wednesday after the enterprise-content platform reported fiscal first-quarter results that illustrated hunger among large customers for work-collaboration technology that, in turn, exceeded Wall Street estimates.
Box launches the All-New Box to unleash productivity and team collaboration during global shift to remote work
(Bloomberg) -- Box Inc. reported quarterly profit that easily beat Wall Street estimates, after the maker of file-sharing and collaboration software trimmed expenses. The stock rose more than 1% in extended trading.Earnings, excluding certain items, came in at 10 cents a share in the fiscal first quarter. Analysts were looking for 5 cents, on average, according to data compiled by Bloomberg. Sales rose 13% to $184 million, topping Wall Street projections.For the full fiscal year, Box forecast profit of 47 cents to 52 cents a share, compared with analysts’ estimates of 37 cents.Chief Executive Officer Aaron Levie has been under pressure to boost sales growth and profitability. He has sought to cut unnecessary expenses, and Wednesday’s results reflected that. The company said it expects an adjusted operating margin of 11% to 12% this fiscal year, up from a previous forecast of 9% to 10%. “Our Q1 results demonstrate the progress that we’ve made on driving a balance of growth and profitability, and our ability to power secure remote work for enterprises provides us a large opportunity going forward,” Levie said in a statement. Box reached an agreement in March with activist investor Starboard Value LP to appoint three new independent directors. The company unveiled a new app design and a deeper integration with Zoom Video Communications Inc. this month, in a bid to bolster the appeal of Box’s services.Now, Levie is contending with a coronavirus pandemic that has triggered a deep recession and forced millions of people to shelter at home. Box trimmed its annual sales forecast on Wednesday, suggesting weaker demand from small-business customers.Carl Bass, the former CEO of software maker Autodesk Inc. joined Box’s board, the company also announced.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Cowen & Co. analyst Andrew Charles maintained a Hold rating on Jack In The Box (NASDAQ:JACK) Inc on Wednesday, setting a price target of $42, which is approximately 38.44% below the present share price of $68.23.
Box, Inc. (NYSE: BOX), a leader in cloud content management, today announced that the U.S. Department of Agriculture, Farm Production and Conservation (FPAC) selected Box to power the organization’s secure remote work initiatives and help digitize operations within 2,500 farm service centers across the country.
Box (NYSE:BOX), a leader in cloud content management, today announced the appointment of Carl Bass to its Board of Directors, effective immediately. Most recently, Bass was the President and CEO of Autodesk and prior to that, he served as the chief technology officer and chief operations officer at Autodesk. Bass currently serves on the board of directors of leading technology companies like Zendesk, Built Robotics, and Planet Labs.