Box

Box shares rose to a 52-week high of 34.23 USD; the stock is up 10.3% year-to-date and has returned 38% over six months. In the second quarter, Box slightly beat revenue with 321.1 million USD and delivered adjusted earnings of 0.40 USD per share in line with expectations. The company raised its full-year guidance, reported constant-currency revenue growth of 11% and a gross margin of 79.6%. UBS raised its price target from 29 to 37 USD but left its rating at Neutral, and InvestingPro considers the stock undervalued at current levels. » Altro su de.investing.com

Box posted a second-quarter profit of $19.2 million ($0.09 per share), up from $13.4 million a year earlier, and raised its full-year revenue outlook. Adjusted earnings per share were $0.40, in line with analysts' expectations. Revenue rose to $321.1 million, topping the $319.3 million estimate; however, the adjusted earnings forecast was lowered due to share dilution and currency effects. » Altro su finanzen.net

Box reported Q2 revenue of $321.1 million (vs. consensus $319.33 million) and adjusted EPS of $0.40, in line with expectations. The company raised its full-year revenue guidance by $10 million to about $1.29 billion; billings rose 17%, net revenue retention improved to 106%, and free cash flow grew 67%. Management attributes the momentum to stronger demand for Box AI, Enterprise Advanced and broader product suites. The stock was little changed after hours, as the results were solid but only modestly surprising. » Altro su de.investing.com