Box Q4 loss is serious, exceeding analyst expectations

box fourth quarter net loss 52.92 million dollar disk after the plunge

Tencent Science and technology news March 12, online file sharing and cloud Content Management Services Platform Box today released the company's fiscal year 2015 as of January 31, 2015, the fiscal year four and the full financial results, which is the company since the end of January, the first quarterly fiscal quarter. In the 2015 fiscal year quarter, box revenues were $62.6 million, a 61% increase from 38.8 million dollars in the previous fiscal year, and a net loss of $52.92 million for ordinary shareholders, with a net loss of 43.46 million dollars a year earlier, the earnings showed.
The box's fourth-quarter losses widened further as investment increased, the results showed. Box Company in fiscal year 2015 or 62.6 million dollars, higher than analysts expected 58 million dollars, but The loss of a basic and diluted net loss of $1.65 per share to ordinary shareholders, which is not measured by US GAAP, is less than $1.17 trillion per share lost by Thomson-Reuters analysts, which fell sharply after box Wednesday.
Fiscal year 2015:
revenue of 62.6 million U.S. dollars, compared with the same period in the previous fiscal year 38.8 million U.S. dollars increased by 61%. The
billing revenue is $82 million, up 33% from $61.5 million trillion over the same period in the previous fiscal year.
The operating loss measured in accordance with U.S. general accounting standards is $45.8 million trillion, which is more than $40.2 million trillion in operating losses over the same period as in the previous fiscal year; the operating loss of $32.2 million, not measured by US GAAP, is narrower than that of 35.2 million dollars in the same period as in the previous fiscal year.
The net loss attributable to ordinary shareholders, as measured by the United States General accounting standards, is $52.92 million, which is larger than the net loss of $43.46 million over the same period in the previous fiscal year. The net loss of basic and diluted shares per share of common shareholders, as measured by the United States General accounting standards, is USD 2.64, the net loss of 3.46 dollars in the same period as in the previous fiscal year narrowed; the net loss of basic and diluted shares per share to ordinary shareholders, not measured in accordance with United States GAAP, was narrowed to $2.85 in the same period as in the previous fiscal year.
The net cash used for operating activities was $15.6 million trillion, compared with $22.6 million in the previous fiscal year.
2015 fiscal Year Summary:
Revenue is 216.4 million U.S. dollars, up 74% from 124.2 million dollars in the previous fiscal year, slightly above analysts ' estimated $212 million trillion. The
billing revenue is 246.4 million dollars, up 41% from 174.2 million dollars in the previous fiscal year.
Operating losses in accordance with general accounting standards in the United States were 166.7 million U.S. dollars, operating losses in the previous fiscal year in accordance with the United States General accounting standards were 158.8 million U.S. dollars; operating loss of $127.2 million, not measured in US GAAP, was 1.4 in the previous fiscal year.5.2 billion dollars.
The net loss attributable to ordinary shareholders, as measured by the United States General accounting standards, is USD 182 million, the net loss in the previous fiscal year was $169 million; The basic and diluted net loss per share in the United States General accounting standards was $11.48, and the basic and diluted losses for each share in the previous fiscal year were $14.89 in accordance with US general accounting standards; not in accordance with general accounting in the United States The basic and diluted net losses for each share of the benchmark were $8.13, and the basic and diluted losses for each share in the previous fiscal year, which were not measured in accordance with United States GAAP, were $12.91.
The net cash used for operating activities is USD 84.9 million, and the previous fiscal year was $91.8 million.
As of January 31, 2015, Box held cash and cash equivalents amounting to USD 330.4 million.
Performance Outlook:
Box estimates that revenue for the first quarter of fiscal year 2016 will be between 63 million and 64 million dollars (while analysts expect to be $62 million) and that the revenue from operating losses that are not measured in the first quarter will be between minus 56% per cent. to minus 58%.
Box expects 2016 full fiscal year revenue to be between 281 million US dollars and 285 million U.S. dollars (while analysts are expected to be 276.9 million dollars), and the proportion of operating losses not measured by US GAAP will be between 50% and minus 52%.
Share price performance:
in Wednesday, box shares rose 0.89 US dollars to $20.53, or 4.53%, in the conventional US stock market, and in the intraday trading (as at press), Box shares fell 2.53 U.S. dollars to 18 U.S. dollars, or 12.32%. In the past 52 weeks, Box has the highest stock price of 24.73 U.S. dollars, the lowest share price of 16.41 U.S. dollars. Despite a sharp fall in stock prices after Wednesday, box's share price remained 45% per cent higher than the initial IPO, which ended in Wednesday, at 14 dollars. (Yue Tong)