secwatch.observer — SEC 8-K summary
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Issuer:     BOX INC (BOX)
CIK:        0001372612
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0000950170-24-025868
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Box Q4 revenue $263M (+2%), GAAP EPS $0.57, non-GAAP EPS $0.42 beats; FY revenue $1.04B
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- Q4 revenue $262.9M (+2% YoY, +4% constant currency); FY2024 revenue $1.038B (+5% YoY, +7% cc).
- Q4 GAAP EPS $0.57 (incl $0.51 tax benefit from valuation allowance release); non-GAAP EPS $0.42 beats guidance.
- Q4 non-GAAP operating margin 26.7% exceeds guidance; FY2024 non-GAAP op margin 24.7% also above guidance.
- RPO $1.305B (+5% YoY); Q4 billings $379.3M (+6% YoY); Q4 free cash flow $81.8M (+10%).
- Board authorizes $100M expansion of stock repurchase program; FY2024 free cash flow $269M (+13%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372612/000095017024025868/0000950170-24-025868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372612/000095017024025868/box-20240305.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-025868

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