Box, Inc. (BOX) Posts Wider-than-expected 4Q Loss

Box, Inc. (BOX) reported fourth quarter/15 EPS of ($1.65) after the closing bell Wednesday, compared to the consensus estimate of ($1.28). Revenues increased 61.3% from the corresponding period in 2013 to $62.60 million. Analysts expected revenues of $58.26 million. The cloud storage provider beat revenue estimates as 4Q billings rose 33%. Despite beating on revs, the stock is currently down $2.53, or 13.30%, to $17.80 on 1,698,650 shares.

For full-year 2015, revenue was $216.4 million, an increase of 74% from $124.2 million in fiscal year 2014.

For Q1/16, BOX provided revenue guidance of $63-$64 million, compared to the consensus revenue estimate of $61.74 million.

On valuation measures, Box Inc. shares, trade at a P/E to growth ratio of (0.08). The median Wall Street price target on the name is $22.00 with a high target of $24.00.

Profitability-wise, BOX has a t-12 profit and operating margin of (85.59%) and (83.44%), respectively. The $2.45 billion market cap company reported $330.4 million in cash in its most recent quarter.

BOX currently prints a year-to-date loss of more than 11%.

The chart below shows where the equity has traded over the last couple of months.

Box Inc. provides a cloud-based mobile optimized enterprise content collaboration platform in the United States. The company was founded in 2005 and is headquartered in Los Altos, California.

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