Box Raises Revenue Outlook For Fiscal Year Says Business Is Accelerating
Box now expects Q2 revenue of approximately $214 million, up 11% year-over-year and above consensus estimates of $211.7 million. For fiscal 2022, Box raised its revenue guidance by $7 million at the high end to the range of $856 million to $860 million. Wall Street is looking for Box to deliver full-year revenue of $849.6 million. Meanwhile, Box raised its Q2 non-GAAP operating margin to approximately 20%, as compared to previous guidance of 18% to 18....