Box, the file sharing and storage company, beat Wall Street targets for Q2 revenue on Wednesday, but not without a little kerfuffle.
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Box's stock is sinking after it served up a weak revenue forecast in Q2 earnings report (BOX)
Box beat with revenues of $122.9 million, compared to analyst expectations of $121.92 million
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While the company served up a weak financial forecast, its stock dropped disproportionately —possibly because of a widespread analyst error
Here are the numbers. The analyst estimates are from Bloomberg.
- Revenue (GAAP) —
- $121.917 million.
- Earnings per share (adjusted) —
- Q3 projected revenues (GAAP) —
- Q3 projected earnings per share (adjusted) —
- Fiscal 2018 project revenues (GAAP)—
- Fiscal 2018 project earnings per share (adjusted) —
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