secwatch.observer — SEC 8-K summary
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Issuer:     BOX INC (BOX)
CIK:        0001372612
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0000950170-23-068148
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Box Q3 FY2024 revenue $261.5M (+5% YoY); non-GAAP EPS $0.36, cash flow up
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- Revenue $261.5M, up 5% YoY (7% constant currency); GAAP EPS $0.04 vs $0.03; non-GAAP EPS $0.36 vs $0.31.
- RPO $1.131B (+7% YoY); billings $253.7M (-2% YoY) due to equipment proceeds headwind.
- Operating cash flow $71.8M (+3% YoY); free cash flow $58.3M (+6% YoY).
- GAAP operating margin 4.4%; non-GAAP 24.7%; $3.3M equipment headwind impacted margins and EPS by ~$0.02.
- Company highlights AI product leadership with Box AI and Box Hubs; maintains cost discipline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372612/000095017023068148/0000950170-23-068148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372612/000095017023068148/box-20231205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-068148

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