Box, Inc. beat Q3 earnings estimates but saw stock drop after-hours; analysts maintain "Moderate Buy."

Box, Inc. reported Q3 earnings of $0.45 per share, beating estimates of $0.42 and increasing revenue by $14.38 million from the previous year. Despite strong financial results, the stock dropped 4.13% after-hours to $33. The company projects Q4 revenue of $279 million and adjusted earnings of $0.41 per share. Analysts maintain a "Moderate Buy" consensus with a price target of $31.22, despite recent insider selling.

4 months ago
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