Box Q4 Earnings: Revenue Miss, EPS Beat, Expanded AI Partnership With Microsoft



Box Inc (NYSE:BOX) shares are trading higher in Tuesday’s after-hours session on the heels of the company’s quarterly results. Here’s a rundown of the report and a look at what’s driving shares higher after hours.

Q4 Revenue: $262.88 million, missed estimates of $262.97 million

Q4 EPS: 42 cents, beat estimates of 38 cents

Total revenues were up 2% on a year-over-year basis. Billings were up 6% in the fourth quarter, coming in at $379.3 million. The remaining performance obligations totaled $1.305 billion as of Jan. 31.

Net cash provided by operating activities was $89.3 million in the fourth quarter. Free cash flow came in at $81.8 million, up 10% year-over-year.

“With advancements in AI, companies are accelerating their adoption of the cloud and transforming how they work with their content,” said Aaron Levie, …

Full story available on


Leave a Reply

Your email address will not be published. Required fields are marked *