secwatch.observer — SEC 8-K summary
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Issuer:     BOX INC (BOX)
CIK:        0001372612
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0000950170-24-100997
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Box Q2 FY25 revenue $270M (+3% YoY), record non-GAAP operating margin 28.4%, EPS $0.44
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- Revenue $270M, up 3% YoY (6% constant currency); billings $256.4M (+10% YoY).
- Record non-GAAP operating margin 28.4% (vs 24.8%); GAAP operating margin 7.5% (vs 3.8%).
- GAAP diluted EPS $0.10; record non-GAAP diluted EPS $0.44; free cash flow $32.7M (+59%).
- RPO $1.272B (+12% YoY); $100M expansion of stock repurchase program announced.
- Record gross margin: GAAP 79.4%, non-GAAP 81.6%, driven by cost optimization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372612/000095017024100997/0000950170-24-100997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372612/000095017024100997/box-20240827.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-100997

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