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Orbitz

Box Reports Fiscal Third Quarter 2025 Financial Results

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Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced preliminary financial results for the third quarter of fiscal year 2025, which ended October 31, 2024.
Box, Inc. reported its fiscal third quarter results for 2023, showcasing a revenue increase to $261.5 million, up 10% year-over-year, surpassing the expected $261.09 million. The company's non-GAAP earnings per share were $0.36, beating the consensus estimate of $0.34. Despite economic challenges, Box highlighted growth in its enterprise customer base, with a 17% increase in customers spending over $100,000 annually. The company also noted a 10% rise in billings to $249.9 million. Box's CEO, Aaron Levie, emphasized the company's focus on AI and automation to enhance its platform, aiming to drive future growth. However, the company faced a GAAP net loss of $2.7 million, or $0.02 per share, compared to a net income in the previous year. Box also provided guidance for the next quarter, expecting revenue between $261 million and $263 million, with non-GAAP EPS projected at $0.35 to $0.36.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/box-reports-fiscal-third-quarter-210500658.html ]


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