India, May 27 -- Box Inc (BOX) reported a profit for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $3.52 million, or $0.02 per share. This compares with $11.51 million, or $0.08 per share, last year.
Excluding items, Box Inc reported adjusted earnings of $45.24 million or $0.30 per share for the period.
Analysts on average had expected the company to earn $0.26 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.4% to $276.27 million from $264.66 million last year.
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Box Inc earnings at a glance (GAAP) :
-Earnings: $3.52 Mln. vs. $11.5...