earnings
confidence high
sentiment positive
materiality 0.75
Box Q3 FY2023 rev $250M (+12% YoY), record GAAP op margin 5.3%, non-GAAP 24%
BOX INC
2023-Q3 EPS reported
-$0.05
revenue$734,398,000
- GAAP EPS $0.03 vs loss of $0.12; non-GAAP EPS $0.31 vs $0.22; includes $0.06 FX headwind per share.
- Revenue $250.0M (+12% YoY, +17% constant currency); RPO $1.056B (+11%); Billings $258.2M (+12%).
- GAAP operating income $13.4M (5.3% margin) vs loss $11.1M; non-GAAP $60.0M (24.0% margin) vs $46.4M (20.7%).
- Free cash flow $55.0M vs $31.2M (+76%); net cash from ops $69.7M (+51%).
- Board authorized $150M expansion of stock repurchase program.