secwatch.observer — SEC 8-K summary
======================================

Issuer:     BOX INC (BOX)
CIK:        0001372612
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0000950170-22-010659
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Box Q1 revenue $238.4M +18% YoY, breakeven GAAP op income, raises FY23 guidance
-------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372612/000095017022010659/0000950170-22-010659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372612/000095017022010659/box-20220525.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-010659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer