Box, Inc. (NYSE:BOX) released its fourth-quarter results after Tuesday's closing bell. Here's a look at the details from the report.
The Details: Box reported quarterly earnings of 42 cents per share which met the analyst consensus estimate. Quarterly revenue came in at $280 million which beat the analyst consensus estimate of $279.42 million and is an increase over revenue of $262.87 million from the same period last year.
For the fourth quarter, Box reported:
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“Fiscal 2025 was a pivotal year for Box,” said Aaron Levie, CEO of Box. “We delivered our strongest set of AI-powered innovations and launched Enterprise Advanced, integrating the full capabilities of our platform into one solution.”
“Early customer adoption highlights that customers are choosing Box to power intelligent metadata extraction from documents, automate workflows and dashboards with Box Apps, customize Box AI with the AI Studio, power complete business processes with Box Sign, Forms and Doc Gen, and so much more,” Levie added.
Outlook: Box sees first quarter earnings of 25 cents to 26 cents, versus the 43-cent estimate, and revenue in a range of $274 million to $275 million, versus the $279.5 million estimate.
BOX Price Action: According to data from Benzinga Pro, Box shares are down 8.7% after hours at $30.56 Tuesday.
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