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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.
Box (NYSE: BOX) has launched Box Canvas, a new virtual whiteboarding tool designed to enhance collaboration and creativity among teams. The rollout is included at no additional cost for all Box customers, with capabilities such as unlimited Canvases, real-time collaboration, and robust formatting tools. The platform supports various use cases across departments, from marketing to HR, ensuring seamless communication regardless of location. Box Canvas is part of Box's strategy to adapt to modern work dynamics, emphasizing agility and productivity. The tool will be highlighted at the upcoming Content Cloud Summit on May 9, 2023, further showcasing its impact on organizational workflows.
Box, Inc. (NYSE:BOX) announced its participation in two upcoming conferences. The JMP Securities Technology Conference is scheduled for
Box, Inc. (NYSE:BOX) reported a 10% year-over-year revenue growth for Q4 2023, totaling $256.5 million. For the full fiscal year, revenue grew 13% to $990.9 million. The company achieved record profitability with a Q4 GAAP operating margin of 8% and a non-GAAP margin of 26%. GAAP net income per share for Q4 was $0.10, compared to a loss of $0.06 in Q4 2022. For FY 2024 guidance, Box expects revenue between $1.050 billion to $1.060 billion, with a GAAP EPS range of $0.17 to $0.23, despite anticipated foreign exchange impacts.
Box, Inc. (NYSE:BOX) has announced its FY24 Financial Analyst Day scheduled for March 14, 2023, at 2:00 p.m. ET in Midtown Manhattan. The event will feature presentations by Box's executive management team, followed by a Q&A session. Institutional investors and financial analysts can register via email or join virtually by pre-registering here. A live video webcast will be available on Box's investor site, and an archive will be accessible for 365 days post-event.
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