Box, Inc. Provides Earning Guidance for the Second Quarter Ending July 31, 2022
May 25, 2022 at 04:05 pm EDT
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Box, Inc. provided earning guidance for the second quarter ending July 31, 2022. For the second quarter, revenue is expected to be in the range of $244 million to $246 million, up 15% year-over-year at the high-end of the range. basic and diluted net loss per share attributable to common stockholders are expected to be in the range of $0.02 to $0.01.
Box, Inc. provides a cloud content management platform that enables organizations of all sizes to securely manage cloud content while allowing easy, secure access and sharing of this content from anywhere, on any device. The Companyâs Software-as-a-Service platform, users can work with their content as they need from secure external collaboration and sharing, to workspaces and portals, to e-signature processes and content workflows improving employee productivity and accelerating business processes. It offers Web, mobile and desktop applications for the Content Cloud on a single platform, as well as the ability to develop custom applications. Its offerings include Box Sign, Box Shield, Box Relay, Box Zones, Box KeySafe, Box Governance, Box Notes, and Box Shuttle. Box Shield is an advanced security offering that helps customers reduce the risk of accidental content leakage and protect their business from insider threats and account compromise, as well as threat detection.