Box's stock price surged 5.56% during pre-market trading on Wednesday, following the release of its fourth-quarter financial results that exceeded analyst expectations.
The Intelligent Content Management platform provider reported adjusted earnings per share of $0.49 for the quarter, significantly beating the consensus estimate of $0.34. Revenue reached $305.9 million, also surpassing expectations and representing a 9% year-over-year increase.
The company issued upbeat guidance for the current fiscal year, projecting first-quarter revenue of approximately $304 million and adjusted EPS of $0.36, both above analyst estimates. For the full fiscal year 2027, Box expects revenue of $1.275 billion and adjusted EPS of $1.55, exceeding consensus forecasts and indicating continued growth momentum.