Box Beats Q2 Earnings Estimates, Shares Climb On 'Strong' AI Momentum
1. BOX's Q2 revenue was $294 million, exceeding estimates of $290.78 million. 2. Adjusted EPS was 33 cents, beating estimates by 2 cents. 3. Remaining performance obligations grew 16% YoY to $1.5 billion. 4. Third-quarter revenue guidance raised to $298-$299 million. 5. BOX shares rose 3.43% in after-hours trading.