Box Inc. (NYSE:BOX) saw its shares plummet 5.37% in after-hours trading following the release of its third-quarter fiscal 2026 financial results. The company reported a non-GAAP EPS of $0.31, down from $0.45 a year earlier, while revenue rose to $301.1 million, slightly above analyst estimates.
The decline was driven by weaker-than-expected guidance for fiscal 2026, with the company forecasting adjusted EPS of $1.28 and revenue of $1.175 billion, both below FactSet consensus estimates. Traders reacted negatively to the earnings miss and cautious outlook, leading to the sharp after-hours drop.