Box Late Friday Highlighted Proxy Firm Glass Lewis Recommendation Related To Director Nominees: Co. Said Firm ‘Fails To Acknowledge Change Agents Are Already On [Co.] Board…’
Glass Lewis Fails to Acknowledge that Change Agents Are Already on the Board and Significant Changes Have Already Been Made
Reiterates that ISS Recommends that Stockholders Vote on the Company's BLUE Proxy
Starboard Delivers Open Letter To Box Stockholders
Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest stockholders of Box, Inc. ("Box" or the "Company") (NYSE:BOX), with an ownership stake of
Box 8.6% Shareholder, Starboard Value, Highlights Proxy Firm Glass Lewis Recommended Co. Shareholders Vote On Starboard’s WHITE Proxy Card
Glass Lewis Recommends Box Stockholders Vote on Starboard's WHITE Proxy Card to Elect Starboard Representative Peter Feld at Upcoming Annual Meeting
Glass Lewis Highlights that the "Principal Change Agent Here
Raymond James Maintains Outperform on Box, Raises Price Target to $29
Raymond James analyst Brian Peterson maintains Box (NYSE:BOX) with a Outperform and raises the price target from $27 to $29.
Recap: Box Q2 Earnings
Shares of Box (NYSE:BOX) fell in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 16.67% year over year to $0.21, which beat the estimate of $0.18.
Box Q2 EPS $0.08 Misses $0.18 Estimate, Sales $214.50M Beat $212.45M Estimate
Box (NYSE:BOX) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.18 by 55.56 percent. This is a 55.56 percent decrease over earnings of $0.18 per share from the same period
Return on Capital Employed Insights for Box
After pulling data from Benzinga Pro it seems like during Q1, Box (NYSE:BOX) brought in sales totaling $202.44 million. However, earnings decreased 213.09%, resulting in a loss of $10.26 million.