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Box (BOX) Q4 Earnings Beat Estimates
Zacks Investment Research· 2024-03-05 23:26
Box (BOX) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.53%. 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 $0.36, delivering a surprise of -5.26%.Over the last four quarters, the compa ...
Box Expands its Collaboration with Microsoft with New Azure OpenAI Service Integration
Businesswire· 2024-03-05 21:05
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced a new integration with Microsoft Azure OpenAI Service to bring its advanced large language models to Box AI. The integration of Azure OpenAI Service enables Box customers to benefit from the most advanced AI models in the world, while bringing Box and Microsoft’s enterprise-grade standards for security, privacy, and compliance to this groundbreaking technology. Box also announced that Box AI is generally ...
BOX Gears Up to Report Q4 Earnings: Here's What to Expect
Zacks Investment Research· 2024-03-04 16:56
Box, Inc. (BOX) is scheduled to report fourth-quarter fiscal 2024 results on Mar 5.For fourth-quarter fiscal 2024, Box expects revenues between $262 million and $264 million, suggesting a 3% rise at the high end of the range from the prior fiscal year’s reported figure. The constant currency growth rate is pegged at 5%. The Zacks Consensus Estimate for the same is pegged at $262.9 million, indicating 2.5% growth from the last fiscal year quarter’s reported value.Box anticipates non-GAAP earnings per share i ...
Box(BOX) - 2024 Q4 - Annual Results
2024-03-04 16:00
Exhibit 99.1 Box Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results Fourth Quarter Revenue of $263 Million and Fiscal 2024 Revenue of $1.04 Billion, In Line with Guidance Fourth Quarter GAAP Operating Margin of 8% and Non-GAAP Operating Margin of 26.7%, Exceeds Guidance Fiscal 2024 GAAP Operating Margin of 5% and Non-GAAP Operating Margin of 24.7%, Exceeds Guidance Fourth Quarter GAAP Net Income Per Share of $0.57 and Non-GAAP Net Income Per Share of $0.42, Exceeds Guidance Fiscal 2024 GAA ...
Box to Host Financial Analyst Day
Businesswire· 2024-03-01 13:00
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced that it will host its FY25 Financial Analyst Day on Tuesday, March 19, 2024. Members of Box’s executive management team will host a presentation followed by Q&A beginning at 11:00 a.m. PT. Registration for this virtual event is available here. A live video webcast of the event will be accessible at www.box.com/investors. An archive of the webcast will be available for replay beginning approximately one ...
Unlocking Q4 Potential of Box (BOX): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-29 15:16
In its upcoming report, Box (BOX) is predicted by Wall Street analysts to post quarterly earnings of $0.38 per share, reflecting an increase of 2.7% compared to the same period last year. Revenues are forecasted to be $262.92 million, representing a year-over-year increase of 2.5%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals ...
Box to Present at Investor Conference
Businesswire· 2024-02-28 21:05
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX) today announced that members of its management team will present at the following conference: Morgan Stanley Technology, Media, & Telecom Conference Date and Time: March 6, 2024 at 1:20pm PT Location: The Palace Hotel, San Francisco This event will be webcast live at boxinvestorrelations.com, and the replay will be available approximately one hour after the live event. The Morgan Stanley conference replay will be available for a period of ninety ...
Box Sets Date to Announce Fourth Quarter and Fiscal 2024 Financial Results
Businesswire· 2024-02-02 13:00
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX) today announced that it will report financial results for its fourth quarter and full fiscal year, which ended January 31, 2024, following the close of the market on Tuesday, March 5, 2024. On that day, Box’s management will hold a conference call and webcast at 2:00 p.m. PT to discuss Box’s financial results and business developments. The conference call can be accessed by registering online at https://events.q4inc.com/attendee/453103508, at whic ...
Box Brings Your Content to Life with the Box App for Apple Vision Pro
Businesswire· 2024-02-01 16:00
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced the launch of the new Box app for Apple Vision Pro. Designed to take advantage of spatial computing, Box for Apple Vision Pro revolutionizes how people experience and collaborate on content in the enterprise. The uniquely immersive experiences and infinite desktop powered by the visionOS platform transforms how people work with content, while relying on the security and compliance of the Box Content Cloud ...
BOX Aids Enterprise Content Management With Crooze Buyout
Zacks Investment Research· 2024-01-29 17:11
Box (BOX) is making concerted efforts to expand its presence in the booming enterprise content management (ECM) market, which, per a Mordor Intelligence report, is expected to hit $77.20 billion in 2024 and reach $149.80 billion by 2029, indicating a CAGR of 14.2% between 2024 and 2029.In a bid to expand its ECM solutions portfolio, Box acquired Crooze, a provider of no-code enterprise content management applications, to integrate Crooze’s advanced ECM capabilities into its robust set of content services.Wi ...