Shares of Box Inc. (BOX) surged 10.65% in after-hours trading on Tuesday following the release of its first-quarter fiscal 2026 financial results. The content cloud company reported better-than-expected earnings and revenue, while also raising its full-year guidance.

For the first quarter, Box reported revenue of $276 million, up 4% year-over-year and exceeding analyst estimates of $274.8 million. The company's non-GAAP earnings per share came in at $0.30, surpassing the consensus estimate of $0.26. Box's adjusted operating income of $69.8 million also beat expectations, demonstrating strong operational efficiency.

Investors were particularly encouraged by Box's raised outlook for fiscal year 2026. The company now expects full-year revenue between $1.165 billion and $1.170 billion, up from its previous forecast of $1.155 billion to $1.16 billion. Box also increased its annual adjusted earnings guidance to a range of $1.22 to $1.26 per share, up from the earlier projection of $1.13 to $1.17. These improved forecasts signal management's confidence in the company's growth trajectory and its ability to capitalize on the increasing demand for content cloud solutions in an AI-driven business landscape.