— Shares of the cloud storage company surged more than 8% following its strong quarterly results. Box reported earnings of 18 cents per share on revenue of $192.3 million. Analysts expected earnings of 12 cents per share on revenue of $189.6 million, according to Refinitiv.
The company also upped its full year revenue and profit guidance.— The discount retailer saw its stock drop more than 5% after the company declined to give forward guidance with its second quarter report. The company did beat expectations on the top and bottom lines, according to analysts surveyed by Refinitiv. The stock was still up more than 50% from its late-March lows.
Now they’re flopping and dropping!
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