The Fly

Box reports Q3 adjusted EPS 31c, consensus 30c

Reports Q3 revenue $250M, consensus $251.13M. "We delivered strong third quarter results with revenue growth of 12% year-over-year and record operating margins," said Aaron Levie, co-founder and CEO of Box. "As companies prioritize strategic IT initiatives that allow them to efficiently lower IT expenses, the Box Content Cloud enables enterprises to streamline their businesses, drive up productivity, reduce risk, and lower costs. With our industry leading platform, Box is very well-positioned to execute through these dynamic times. As we continue to build an enduring business for the long run, we remain hyper focused on driving growth and even greater profitability."

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