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Why Box Stock Jumped Nearly 20% Today
BOXBox(BOX) The Motley Fool·2025-05-28 19:28

Group 1 - Box's shares surged by as much as 19.7% following the release of strong Q1 fiscal-year 2026 results, with a peak increase of about 18% by 3:10 p.m. ET [1] - The company's Q1 2026 sales increased by 4% year over year to 276.3million,whileadjustedearningsperdilutedsharefellfrom276.3 million, while adjusted earnings per diluted share fell from 0.39 to 0.30,impactedbyforeigncurrencyexchangerates[3]−Analystshadexpectedearningsofapproximately0.30, impacted by foreign currency exchange rates [3] - Analysts had expected earnings of approximately 0.26 per share on revenue around 275.1million,indicatingthatBox′sperformanceexceededsomemarketexpectations[3]Group2−Lookingahead,Box′smanagementanticipatesQ2revenueofapproximately275.1 million, indicating that Box's performance exceeded some market expectations [3] Group 2 - Looking ahead, Box's management anticipates Q2 revenue of approximately 290 million and adjusted earnings per share of around 0.30,comparedto0.30, compared to 270 million and 0.44pershareinthesameperiodlastyear[4]−Thecompanyisrecognizing0.44 per share in the same period last year [4] - The company is recognizing 248 million of deferred tax credits, which has affected its bottom line, reducing Q1 adjusted earnings by $0.12 per share [5] - Box recently launched a new AI platform aimed at helping enterprise clients manage data for their AI agents, contributing to a positive outlook and stock performance [6]