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BOX, INC. - BOX STOCK NEWS

Welcome to our dedicated page for BOX news (Ticker: BOX), a resource for investors and traders seeking the latest updates and insights on BOX stock.

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, Inc. (NYSE:BOX) hosted its FY2023 Financial Analyst Day, projecting revenue growth of 15%-17% for FY25 and a combined revenue growth plus free cash flow margin of 43%-44%. The company also announced a new share repurchase program, allowing repurchases of up to $150 million in common stock over the next year. CFO Dylan Smith emphasized Box's strong business model and strategic capital allocation as key to enhancing shareholder value.

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Box has announced its collaboration with renowned director Jean-Jacques Annaud for the feature film Notre-Dame brûle, focusing on the tragic fire at the Notre-Dame Cathedral in April 2019. The film incorporates public submissions of archival footage, with over 3000 videos collected through a dedicated website utilizing Box's secure platform. This innovative approach highlights Box's capabilities in data privacy and content management, enhancing user engagement and storytelling in the film industry.

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Box (NYSE: BOX) has expanded its partnership with Mast-Jägermeister SE, enhancing their collaboration capabilities through Box's Content Cloud. This partnership, initiated in 2019, aims to improve internal and external communication, centralize sales enablement materials, and boost employee satisfaction. During the COVID-19 pandemic, Box usage tripled at Mast-Jägermeister SE, enabling decentralized work for marketing and sales teams. The partnership joins Mast-Jägermeister SE among notable Box for Retail customers, further solidifying Box's standing in the market.

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Box, Inc. (NYSE: BOX), a leader in the Content Cloud space, announced its management team's participation in two significant upcoming conferences. The KeyBanc Capital Markets Emerging Technology Summit will take place on March 8, 2022, at 10:30 am PT in San Francisco, followed by the Morgan Stanley Technology, Media, and Telecom Conference on March 9, 2022, at 9:45 am PT. Both events will be available for live webcast and replay on Box's investor relations website for 90 days.

Box focuses on accelerating business processes and enhancing workplace collaboration.

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Box, Inc. (NYSE:BOX), a leader in Content Cloud solutions, announced its virtual FY23 Financial Analyst Day scheduled for March 16, 2022, from 11:00 a.m. to 3:00 p.m. PT. The event will feature presentations from Box’s executive management team, followed by a Q&A session. Interested participants can register on Box’s Investor Relations website. A live webcast will also be available, with an archive for replay accessible for a year post-event.

Box powers organizations like AstraZeneca and Morgan Stanley, enhancing collaboration and protecting information.

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Box reported a strong fiscal 2022 with a 17% revenue growth year-over-year, reaching $874.3 million. The fourth quarter saw revenues of $233.4 million, a 72% GAAP gross profit margin, and non-GAAP operating income of 21%. Box achieved a 33% combined revenue growth and free cash flow margin. For Q1 FY23, Box anticipates revenue of $233 million to $235 million, a 16% increase year-over-year, and full-year revenue guidance of $990 million to $996 million, reflecting ongoing growth momentum.

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Box, Inc. (NYSE:BOX) has announced an enhanced integration with Slack, enabling users to utilize Box as their primary file storage within the Slack environment. This new feature ensures that Box’s robust security and compliance measures are maintained across applications and devices. The integration aims to reduce content sprawl and improve productivity for joint customers like Teach for America and Live Nation, allowing them to access, share, and secure content more effectively. The upgrade is available to Slack Enterprise customers today.

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Box, Inc. (NYSE:BOX) will report its fourth quarter and full fiscal year financial results for the period ending January 31, 2022 on March 2, 2022. The results will be discussed during a conference call at 2:00 p.m. PT. Investors can access the call by registering online, with a replay available until March 9, 2022. Box is recognized as a leading Content Cloud provider, assisting organizations like AstraZeneca and Morgan Stanley in facilitating collaboration and safeguarding information.

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Box, Inc. (NYSE:BOX) has announced the general availability of an enhanced integration with Microsoft Teams, allowing customers to set Box as their default content cloud. This integration aims to reduce content fragmentation, improve collaboration, and provide a more seamless user experience. New features include Box as a personal app within Teams, an updated user interface, automatic installation for admins, and pre-pinned access to Box files within Teams. This initiative signifies Box's commitment to enhancing productivity and security for joint enterprise customers.

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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.

NYSE: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