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BOX, INC. - BOX STOCK NEWS

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Box, Inc. (NYSE: BOX) is a leading cloud content management company that empowers enterprises to revolutionize their work by securely connecting their people, information, and applications. Founded in 2005, Box has grown to power more than 87,000 businesses globally, including industry giants like AstraZeneca, General Electric, Procter & Gamble, and The Gap. Headquartered in Redwood City, California, Box has a global presence with offices across the United States, Europe, and Asia.

Box provides a robust, cloud-based content services platform that offers storage and workflow collaboration services tailored for enterprise customers. Initially recognized as a file-sync and sharing provider, Box has significantly expanded its product portfolio to meet evolving business needs. Recent enhancements include advanced tools for governance, data protection, and e-signature capabilities, which streamline workflow management and promote seamless collaboration.

The company's mission is to secure and simplify the management of content for organizations of all sizes. By integrating with major applications and providing strong data protection, Box ensures that enterprises can operate efficiently and securely. Box's innovative solutions continue to set industry standards, providing clients with the tools they need to succeed in a digital-first world.

Recent Achievements and Current Projects:

  • Enhanced security features ensuring compliance with global data protection regulations.
  • Introduction of new e-signature capabilities to streamline document workflows.
  • Expanded partnerships with leading companies to broaden the ecosystem of integrated applications.
  • Ongoing development of AI-driven tools to improve content management and accessibility.

With a track record of robust financial performance and a commitment to innovation, Box stands as a pivotal player in the cloud content management sector, delivering valuable solutions to companies worldwide.

For the latest updates and detailed information about Box, Inc., visit Box's official website.

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Box (NYSE: BOX) and Adobe (NASDAQ: ADBE) announced a partnership integrating Adobe Express as the default image editor in Box's platform. This integration allows Box users to create and edit visual content directly within Box's secure environment without requiring a separate Adobe Express subscription.

The partnership enables users to perform tasks like image cropping, resizing, filtering, and background removal using Adobe Express's AI-powered features. The companies plan to expand capabilities to include video editing and AI-generated image creation using Firefly AI technology. Adobe Express features are designed to be commercially safe for enterprise use.

This integration builds upon Box and Adobe's decade-long partnership, which includes integrations across Adobe Document Cloud, Experience Cloud, and Creative Cloud.

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Box (NYSE:BOX) reported strong fiscal Q3 2025 results with revenue reaching $275.9 million, up 5% year-over-year (6% in constant currency). The company achieved record GAAP operating margin of 8.5% and non-GAAP operating margin of 29.1%. Remaining performance obligations (RPO) grew to $1.282 billion, a 13% increase year-over-year.

Key financial highlights include record GAAP gross profit of $220.4 million (79.9% of revenue), GAAP diluted net income per share of $0.05, and record non-GAAP diluted net income per share of $0.45. The company raised $460 million through a convertible debt offering due September 2029 and introduced new product features including Box Forms, Doc Gen, and Box AI Studio.

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Box announced that RWS Global has selected its Intelligent Content Management platform to manage content across its organization. RWS Global, a global leader in live entertainment and events, will migrate from multiple systems including Egnyte, Dropbox, and SharePoint to Box Enterprise Plus. The company will utilize Box for secure collaboration, AI-enhanced workflows, and integration with business-critical apps.

RWS Global chose Box to support its worldwide teams in London, New York, Cincinnati, and Sydney in managing projects for high-profile clients like Apple, Coca-Cola, and Rugby World Cup. The implementation includes features such as Box Shuttle migration, AI capabilities, and enhanced security measures like watermarking and auto-classification policies.

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Box and Slalom have announced a strategic partnership focused on helping enterprises leverage advanced AI and machine learning for content management. The collaboration combines Box's Intelligent Content Management platform with Slalom's business transformation expertise to modernize workflows and enhance collaboration. The partnership will develop solutions across various industries including financial services, healthcare, retail, and public sector. Box has named Slalom as their AI Innovation Partner of the Year at BoxWorks 2024 for their contributions to advancing content management solutions.

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Box announced major AI-powered innovations for enterprise content management, introducing Box AI Studio and Box Apps. Box AI Studio, launching January 2025, will enable businesses to create customized AI agents using various AI models from trusted providers. Box Apps, available in Beta, offers no-code solutions for creating intelligent applications for content-centric business processes.

The company also introduced Enterprise Advanced, a comprehensive plan combining all platform features, and new security features including Box Archive and Content Recovery for enhanced data protection and ransomware recovery. These innovations aim to revolutionize unstructured data management and automate business processes across enterprises.

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Box announced that the National Transportation Safety Board (NTSB) has selected Box as its cloud platform for their Digital Content Delivery Platform project. Box will serve as the intelligent content layer for NTSB.gov, enabling investigators to collect and share investigation-related documents, audio, and video files. Additionally, Box has received 'In Process' designation for FedRAMP High Authorization, marking progress toward obtaining a FedRAMP High Authority to Operate within 12 months. This authorization includes over 400 security controls, representing one of the highest security standards for cloud service providers.

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Box has scheduled its third quarter fiscal 2025 earnings announcement for Tuesday, December 3, 2024, after market close. The company will host a conference call and webcast at 2:00 p.m. PT to discuss financial results and business developments for the quarter ended October 31, 2024. Interested parties can register online to receive dial-in information and a conference ID. A live webcast will be available on Box's investor relations website, with a replay accessible until December 2, 2025.

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Transcend has appointed Luke Arno as Chief Revenue Officer (CRO) to lead its revenue organization. Arno joins from Twilio Segment where he served as Global Vice President of Sales, driving significant ARR growth across multiple regions. The appointment comes as Transcend reports record-breaking performance in 2024, helping companies save over $100 million through autonomous privacy operations. Additionally, Mike Orlick has been promoted to Global VP of Sales. The company aims to help enterprises transition from legacy solutions to its next-generation privacy platform, focusing on consent management, data discovery, and digital governance functions.

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Box and AWS have announced an expanded strategic partnership to enhance generative AI capabilities for enterprises. Box customers can now access foundation models through Amazon Bedrock, starting with Anthropic's Claude and Amazon Titan models. The integration includes a new Box connector for Amazon Q Business, enabling organizations to leverage their private data for AI-powered tasks like content generation, summarization, and information retrieval. The partnership aims to help various industries including financial services, media, law firms, nonprofits, and life sciences organizations to enhance their workflows while maintaining security and compliance standards.

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Box has announced the general availability of Box Hubs, a new feature designed to revolutionize content publishing in enterprises. Box Hubs are customizable portals that simplify content curation and publishing across organizations. The feature aims to make it easier for employees to find up-to-date information and extract insights using Box AI.

Key features of Box Hubs include:

  • Secure external sharing with partners and vendors
  • Quick file location using Box's global search
  • New settings like direct Hub linking and vanity links
  • Compliance with federal requirements such as Section 508

Box AI functionalities are available for Enterprise Plus plan customers, allowing users to ask questions across all documents in a Hub. The feature is already being used by various organizations for HR, business development, legal, marketing, and product management purposes.

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FAQ

What is the current stock price of BOX (BOX)?

The current stock price of BOX (BOX) is $32.03 as of December 20, 2024.

What is the market cap of BOX (BOX)?

The market cap of BOX (BOX) is approximately 4.6B.

What does Box, Inc. do?

Box, Inc. provides cloud-based content services, including storage and workflow collaboration, for enterprise customers.

When was Box, Inc. founded?

Box, Inc. was founded in 2005.

Where is Box, Inc. headquartered?

Box, Inc. is headquartered in Redwood City, California.

Who are some of Box, Inc.'s major clients?

Major clients include AstraZeneca, General Electric, Procter & Gamble, and The Gap.

What recent features has Box added to its platform?

Recent features include advanced governance tools, enhanced security features, and e-signature capabilities.

How many businesses use Box, Inc.'s services?

Over 87,000 businesses globally use Box's services.

Does Box, Inc. have a global presence?

Yes, Box has offices across the United States, Europe, and Asia.

What is Box, Inc.'s mission?

Box's mission is to secure and simplify the management of content for organizations of all sizes.

How does Box ensure data protection?

Box integrates with major applications and provides strong data protection to ensure compliance with global data protection regulations.

Where can I find more information about Box, Inc.?

You can find more information on Box's official website at http://www.box.com/.

BOX, INC.

Nasdaq:BOX

BOX Rankings

BOX Stock Data

4.57B
138.79M
3.4%
100.49%
12.23%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
REDWOOD CITY