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‘Inside Out 2' Heading Toward $98 Million Box Office In Second Weekend
Forbes· 2024-06-22 16:20
"Inside Out 2."Disney-PixarDisney-Pixar’s Inside Out 2 continues to dominate the domestic box office and is estimated to make $98 million in its second weekend in theaters, Deadline reports.The sequel to the 2015 Best Animated Feature Oscar winner Inside Out, Inside Out 2 opened in North American theaters on June 14 and earned a mind-blowing $155 million in its first Friday to Sunday frame.Deadline reports that Inside Out 2 made an estimated $30 million on Friday alone. Should the estimated $98 million week ...
Box (BOX) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-06-04 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
D-BOX Technologies' Fourth Quarter Caps Record Year for Revenue and Net Profit
GlobeNewswire News Room· 2024-05-30 21:01
Haptics leader is focused on accelerating profitable growth MONTREAL, May 30, 2024 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the fourth quarter and fiscal year ended March 31, 2024. All dollar amounts are expressed in Canadian currency. Q4 FISCAL 2024 HIGHLIGHTS(Compared to Q4 fiscal 2023) Total revenues of $10.1 million contributed to full year record highs for rights for use ...
Box(BOX) - 2025 Q1 - Quarterly Report
2024-05-30 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36805 Box, Inc. (Exact name of registrant as specified in its charter) Delaware 20-2714444 (State or other jurisdiction of (I.R.S. Employer ...
BOX Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y
zacks.com· 2024-05-29 17:11
Box, Inc. (BOX) reported first-quarter fiscal 2025 non-GAAP earnings per share of 39 cents, which beat the Zacks Consensus Estimate by 8.3%. The figure jumped 21.9% year over year.Total revenues of $264.66 million surpassed the consensus mark by 1.15%. The top line increased 5% year over year (8% growth on a constant-currency basis).Solid momentum in the Content Cloud platform and the growing adoption of Enterprise Plus Suites drove top-line growth. The growing momentum of Box AI was also positive.Q4 in Det ...
Box, c.(X.US)25财年季度及全年业绩交流
第一财经研究院· 2024-05-29 02:42
All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, please press star 1 on your telephone keypad. I would now like to turn the conference over to Cynthia Hipponia, Vice President, Investor Relations. You may begin. Good afternoon, and welcome to Box's first quarter fiscal 2025 earnings conference call. I'm Cynthia Ponia, Vice President, Investor Relations. On the ca ...
Box(BOX) - 2025 Q1 - Earnings Call Transcript
2024-05-29 00:20
Box, Inc. (NYSE:BOX) Q1 2025 Earnings Conference Call May 28, 2024 5:00 PM ET Company Participants Cynthia Hiponia - Vice President, Investor Relations Aaron Levie - Co-Founder and Chief Executive Officer Dylan Smith - Co-Founder and Chief Financial Officer Conference Call Participants Brian Peterson - Raymond James & Associates Pinjalim Bora - JP Morgan Securities George Kurosawa - Steve Enders Josh Baer - Morgan Stanley George Iwanyc - Oppenheimer Rishi Jaluria - RBC Capital Markets Operator Hello, thank ...
Box (BOX) Q1 Earnings and Revenues Beat Estimates
zacks.com· 2024-05-28 22:21
Box (BOX) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this online storage provider would post earnings of $0.38 per share when it actually produced earnings of $0.42, delivering a surprise of 10.53%.Over the last four quarters, the compan ...
Box(BOX) - 2025 Q1 - Quarterly Results
2024-05-28 20:05
Revenue and Growth - Revenue for Q1 FY25 was $264.7 million, up 5% YoY, or 8% growth on a constant currency basis[3] - Q2 FY25 revenue guidance is $268 million to $270 million, up 3% YoY at the high-end, or 6% growth on a constant currency basis[8] - Full-year FY25 revenue guidance is $1.075 billion to $1.08 billion, up 4% YoY at the high-end, or 7% growth on a constant currency basis[10] - Revenue increased to $264.7 million in April 2024, up 5.1% from $251.9 million in April 2023[29] Non-GAAP Financial Metrics - Non-GAAP operating margin for Q1 FY25 was 26.6%, exceeding guidance[3] - Non-GAAP free cash flow for Q1 FY25 was $123.2 million, up 14% YoY[3] - Non-GAAP diluted net income per share for Q1 FY25 was $0.39, up from $0.32 in Q1 FY24[3] - Non-GAAP gross margin improved to 80.2% in April 2024 from 77.9% in April 2023[34] - Non-GAAP operating income increased to $70.4 million in April 2024, up from $57.4 million in April 2023[34] - Non-GAAP net income attributable to common stockholders rose to $58.4 million in April 2024 from $47.5 million in April 2023[34] - Non-GAAP net income per share for Q3 2024 is $0.40, with a range of $0.40 to $0.41[37] - Non-GAAP net income per share for FY 2025 is $1.54, with a range of $1.54 to $1.58[37] - Non-GAAP operating margin for Q3 2024 and FY 2025 is 27.0%[39] Cash Flow and Liquidity - Box's cash and cash equivalents increased to $449.5 million as of April 30, 2024, compared to $383.7 million as of January 31, 2024[27] - Net cash provided by operating activities was $131.2 million in April 2024, up from $124.9 million in April 2023[32] - Cash, cash equivalents, and restricted cash increased to $450.4 million at the end of April 2024 from $384.3 million at the beginning of the period[32] Remaining Performance Obligations (RPO) and Billings - Remaining performance obligations (RPO) as of April 30, 2024 were $1.212 billion, up 3% YoY[3] - Box's remaining performance obligations (RPO) represent contracted revenue not yet recognized, consisting of deferred revenue and backlog[24] - Billings for April 2024 were $190.5 million, slightly down from $191.9 million in April 2023[36] - Box's billings reflect sales to new customers, subscription renewals, and expansion within existing customers, calculated by adding changes in deferred revenue and contract assets to revenue[22] Operating Expenses and Margins - Total operating expenses increased to $188.4 million in April 2024 from $181.9 million in April 2023[29] - GAAP operating margin for Q3 2024 is 6.0%, and 6.5% for FY 2025[39] - Stock-based compensation impact on operating margin is 20.5% for Q3 2024 and 20.0% for FY 2025[39] - Acquired intangible assets amortization impact on operating margin is 0.5% for both Q3 2024 and FY 2025[39] Stock-Based Compensation - Stock-based compensation expense totaled $51.2 million in April 2024, compared to $47.3 million in April 2023[30] - Stock-based compensation for Q3 2024 is $0.37 per share, and $1.45 per share for FY 2025[37] Net Income and Earnings Per Share - Net income attributable to common stockholders rose to $11.5 million in April 2024, compared to $3.7 million in April 2023[29] - Diluted GAAP net income per share for Q3 2024 is $0.06, with a range of $0.06 to $0.07[37] - Diluted GAAP net income per share for FY 2025 is $0.20, with a range of $0.20 to $0.24[37] Balance Sheet and Liabilities - Accounts receivable decreased to $143.1 million as of April 30, 2024, from $281.5 million as of January 31, 2024[27] - Deferred revenue decreased to $493.0 million as of April 30, 2024, from $562.9 million as of January 31, 2024[27] - Box's total liabilities decreased to $1.08 billion as of April 30, 2024, from $1.18 billion as of January 31, 2024[27] - Box's stockholders' deficit improved to $397.9 million as of April 30, 2024, from $431.1 million as of January 31, 2024[27] Product and Innovation - Box AI for Hubs introduced in public beta, enabling teams to unlock value from enterprise data[5] - Box Hubs public beta launched, offering a new intelligent portal solution for content curation and publishing[5] Foreign Exchange (FX) Impact - FX headwinds expected to impact full-year FY25 revenue growth by 250 basis points and operating margin by 160 basis points[6] Non-GAAP Definitions - Box defines non-GAAP gross profit as GAAP gross profit excluding stock-based compensation, intangible assets amortization, and other special items[19] - Box defines non-GAAP operating income as operating income excluding stock-based compensation, intangible assets amortization, and other special items[20] - Box defines non-GAAP net income attributable to common stockholders as GAAP net income excluding stock-based compensation, intangible assets amortization, and other special items[21]
Prediction: This Big-Box Retailer Will Follow Walmart and Split Its Stock in 2024
fool.com· 2024-05-26 14:30
Stock splits have become increasingly popular over the last few years, and the retail sector is beginning to take note.The stock market is roaring so far in 2024. Both the Nasdaq Composite and S&P 500 have gained approximately 11% thanks to tailwinds in the technology, energy, and pharmaceutical industries.While steady growth and strong business fundamentals are often correlated with a rising stock price, there are other things that can happen to influence buying and selling activity. More often than not, s ...