earnings
confidence high
sentiment positive
materiality 0.85
Box Q1 revenue $238.4M +18% YoY, breakeven GAAP op income, raises FY23 guidance
BOX INC
2023-Q1 EPS reported
-$0.06
revenue$238,432,000
- Revenue $238.4M, +18% YoY (2pp FX headwind); GAAP operating income $0.6M vs loss of $10.3M.
- Non-GAAP op margin 20.6% (17.0% prior); non-GAAP EPS $0.23 vs $0.18.
- Net retention rate 111%, up 800bps from 103% in prior year.
- Billings $172.2M +8% YoY; RPO $1.0B +16% YoY; FCF $90.9M +20% YoY.
- Raised midpoint of full-year revenue guidance; raised operating margin and EPS guidance.