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BOX Shares Surge 29% Year to Date: Should Investors Buy the Stock?
BOXBox(BOX) ZACKS·2024-09-12 17:07

Box, Inc. (BOX) shares have surged 29.1% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 14.5% and the Zacks Internet Software industry’s return of 11%.The outperformance can be attributed to impressive top-line growth, expanding clientele and a rich partner base. In second-quarter fiscal 2025, BOX’s revenues were $270 million, which increased 3% year over year and surpassed the Zacks Consensus Estimate by 0.32%. Non-GAAP earnings of 44 cents per share beat the Zacks C ...