-=Box (BOX) reported earnings on Tue 26 Nov 2019 (a/h)

 Box reports EPS in-line, beats on revs; guides Q4 EPS in-line, revs above consensus

Reports Q3 (Oct) loss of $0.01 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of ($0.01); revenues rose 13.7% year/year to $177 mln vs the $174 mln S&P Capital IQ Consensus. Remaining performance obligations as of October 31, 2019 were $636.0 million, an increase of 5% from the third quarter of fiscal year 2019

Co issues guidance for Q4, sees EPS of $0.04-0.05, excluding non-recurring items, vs. $0.04 S&P Capital IQ Consensus; sees Q4 revs of $181-182 mln vs. $180.72 mln S&P Capital IQ Consensus.

"In Q3, we delivered operational efficiencies on our path to achieving our first full year of non-GAAP profitability in FY20, and we are committed to delivering significant improvements in operating margin in FY21 and beyond."