=Box (BOX) reported earnings on Wed 30 May 2018 (a/h)

Box beats by $0.01, reports revs in-line; guides Q2 in-line; guides FY19 in-line 

• Reports Q1 (Apr) loss of $0.07 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of ($0.08); revenues rose 19.9% year/year to $140.5 mln vs the $139.65 mln Capital IQ Consensus. Billings of $116.7 mln, +17%; Cash Flow from Operations of $18.4 Million, +$9.9 mln
• Co issues guidance for Q2, sees EPS of ($0.06)-(0.05), excluding non-recurring items, vs. ($0.07) Capital IQ Consensus Estimate; sees Q2 revs of $146-147 mln vs. $146.24 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY19, sees EPS of ($0.19)-(0.16) from ($0.20-0.16), excluding non-recurring items, vs. ($0.19) Capital IQ Consensus Estimate; sees FY19 revs of $603-608 mln from $602-608 mln vs. $605.69 mln Capital IQ Consensus Estimate. 
• Co announced the appointment of Sue Barsamian, Executive Vice President, Chief Sales and Marketing Officer of Micro Focus to its Board of Directors, effective immediately.