Box Inc is a cloud content management and file sharing service that provides businesses with a secure platform to manage and collaborate on files in real-time. The company offers a suite of tools that enable users to store, share, and access documents from anywhere, fostering teamwork and efficiency. Box integrates with various enterprise applications, enhancing productivity while ensuring compliance and security across organizations. Its services are designed to streamline workflows, facilitate collaboration among team members, and support the digital transformation of businesses by enabling seamless access to crucial information and resources.
Shares of cloud content storage and management platform Box (NYSE:BOX)
fell 7.6% in the morning session after the company reported underwhelming third-quarter financial results. Its revenue was in line, and its billings slightly missed.
Strong tech earnings are lifting the market today, with the Dow Jones Industrial Average up 235 points, while the S&P 500 Index and Nasdaq Composite notch fresh record highs.
Cloud content storage and management platform Box (NYSE:BOX) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 5.5% year on year to $275.9 million. The company expects next quarter’s revenue to be around $279 million, close to analysts’ estimates. Its non-GAAP profit of $0.45 per share was 6.5% above analysts’ consensus estimates.
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.
Cloud content storage and management platform Box (NYSE:BOX)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced a new set of AI-powered innovations to revolutionize how organizations manage content. These announcements include Box AI Studio, which enables businesses to create and deploy powerful Box AI agents that are specifically tailored to their unique requirements, and Box Apps, which makes it easier than ever to build applications for critical business processes like contract management, invoice processing, employee onboarding, and thousands more. Box also introduced Enterprise Advanced, a new plan that combines the full power of the Box Intelligent Content Management platform into a single offering.
Box, Inc. (NYSE: BOX), the leading Intelligent Content Management (ICM) platform, and Slalom, the global business and technology consulting company, today announced a partnership to help customers leverage advanced AI and machine learning to unlock valuable insights from their content. Box and Slalom will work together on enabling enterprises to modernize workflows, enhance collaboration, and transform their content management processes with AI.
Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced that the National Transportation Safety Board (NTSB) selected Box as its cloud platform for their new Digital Content Delivery Platform project. Box will serve as the intelligent content layer for NTSB.gov, allowing NTSB investigators to collect documents, audio and video files related to investigations in the field and share with citizens across the country.
Top tech executives, including Elon Musk, Jeff Bezos, and Tim Cook, congratulated President-elect Donald Trump on his victory and expressed openness to collaborating with his administration, signaling a shift in tech leaders' approach to Trump's presidency.
Box, Inc. (NYSE:BOX) today announced that it will report financial results for its third quarter, which ended October 31, 2024, following the close of the market on Tuesday, December 3, 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.
Box, Inc. (NYSE: BOX), the leading Intelligent Content Management platform, and Amazon Web Services (AWS), an Amazon company (NASDAQ: AMZN), today announced an expanded strategic partnership that will empower organizations of all sizes to build new applications and maximize productivity with generative AI. Box customers can now access foundation models directly in Box AI using Amazon Bedrock, starting with Anthropic’s Claude and Amazon Titan. With this integration, companies can quickly and securely build generative AI applications by combining some of the world’s most advanced AI models with their data residing in Box’s Intelligent Content Management platform. Additionally, organizations can now garner more intelligence from their data using a Box connector for Amazon Q Business, the most capable generative AI assistant for work. This is helping organizations to quickly get answers, summarize information, generate content, and securely complete tasks using their private data already managed in Box.
Box, Inc. (NYSE:BOX), the leading Intelligent Content Cloud, today announced the general availability of Box Hubs. Box Hubs are simple, customizable portals that revolutionize how individuals and teams curate and publish content across their enterprise. With Box Hubs, it’s easier than ever for people to find the most accurate, up-to-date information they need to get work done, keep everyone on the same page, and extract insights from their enterprise content with Box AI.
Box, Inc. (NYSE:BOX), the leading Intelligent Content Cloud, today announced the pricing of $400 million aggregate principal amount of 1.50% convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Box also granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes. The sale of the notes is expected to close on September 20, 2024, subject to customary closing conditions.
Box, Inc. (NYSE:BOX), the leading Intelligent Content Cloud, today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Box also intends to grant the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes.
Vice President Kamala Harris has reportedly received public endorsements from eighty-eight current and former top executives across corporate America for her presidential bid.
