earnings
confidence high
sentiment positive
materiality 0.70
Box Q2 FY2024 revenue $261M (+6% YoY); GAAP EPS $0.04, non-GAAP $0.36; buyback expanded by $100M
BOX INC
2024-Q2 EPS reported
$0.06
revenue$513,326,000
- Revenue $261.4M (+6% YoY, +9% CC); RPO $1.138B (+8%).
- GAAP operating margin 3.8% (beat guidance); non-GAAP operating margin 24.8% (beat guidance).
- GAAP EPS $0.04 (fourth consecutive GAAP profit); non-GAAP EPS $0.36 vs $0.28 a year ago.
- Operating cash flow $32.7M (+15% YoY); free cash flow $20.6M (+15%).
- Board expanded buyback by $100M; management notes IT budget headwinds pressuring FY2024 growth.