earnings
confidence high
sentiment positive
materiality 0.75
Box Q2 FY22 revenue $214.5M (+12% YoY); non-GAAP op margin 21%; RPO up 27%; reiterates FY guidance
BOX INC
2023-Q2 EPS reported
-$0.17
revenue$416,927,000
- Revenue $214.5M (+12% YoY); non-GAAP operating margin 21% (up from 16% YoY).
- RPO $922.4M (+27% YoY); deferred revenue $422.0M (+16%); billings $213.1M (+13%).
- Non-GAAP EPS $0.21 (vs $0.18 YoY); free cash flow $29.8M (vs $13.3M YoY).
- Repurchased $308M of Class A common stock including modified Dutch auction tender.
- FY22 revenue guidance $856-860M; non-GAAP op margin ~19.5%; expects rev growth+FCF margin >=32%.