Welcome to our dedicated news page for BOX (Ticker: BOX), a resource for investors and traders seeking the latest updates and insights on BOX.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BOX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BOX's position in the market.
Rhea-AI Summary
Box, Inc. (NYSE:BOX) has acquired Crooze, a leading provider of no-code enterprise content management applications. This acquisition is aimed at helping organizations address business-critical processes like contract lifecycle management, digital asset management, and controlled document management. The acquisition is expected to reshape what enterprises can do with their content. Crooze's capabilities enable customers to easily and quickly build apps to manage critical content on Box, including contracts, digital assets, and controlled documents. The worldwide content services applications market is expected to grow from $15.1 billion in 2022 to $23.8 billion in 2027 at a compound annual growth rate (CAGR) of 9.6%. Box will continue to offer and support Crooze products and services, and in parallel will integrate the Crooze technology natively into the Box Content Cloud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Rhea-AI Summary
Box, Inc. (NYSE:BOX) announced that its e-signature product, Box Sign, achieved support for compliance with FDA 21 CFR Part 11 regulations, enabling life sciences customers to digitize their processes with confidence. The new capabilities allow for comprehensive support of electronic signatures within the Box Content Cloud, eliminating the need for expensive standalone modules and signer authentication add-ons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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News
Rhea-AI Summary
Box, Inc. (NYSE: BOX) has announced new consulting services to help customers implement AI content strategies. The tailored offerings include workshops, implementation roadmaps, managed deployment, training, and support to empower enterprises of all sizes. These new AI-specific offerings aim to help organizations unlock the value of their unstructured data and realize the power of AI more quickly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Summary
Box, Inc. (NYSE:BOX) reports a 5% increase in revenue to $262 million, 3% increase in cash from operations to $72 million, and 6% increase in free cash flow to $58 million for the third quarter of fiscal year 2024. The company's focus on delivering profitable growth drove operating margin expansion and 16% year-over-year growth in earnings per share. RPO as of October 31, 2023, was $1.131 billion, a 7% increase from the previous year. However, billings for the same period decreased by 2% to $253.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.19%
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Rhea-AI Summary
Box, Inc. (BOX) expands operations in Poland, opening new Research and Development offices in Warsaw and rapidly hiring in the region. The company occupies ten floors of the newly completed Varso Tower, now the EU’s highest building. Since its debut in Poland in 2020, Box has hired more than 300 employees in the region, focusing on technical roles. The company will continue to tap into Poland’s engineering and product talent pools, hiring in areas including design, information security, finance, and people operations. Box's new office space celebrates Poland’s unique history and culture and aims to provide a hybrid work environment for its employees. With more than 115,000 customers, Box empowers many of the largest and most regulated enterprises around the world to accelerate business processes, power workplace collaboration, and protect valuable information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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Rhea-AI Summary
Box, Inc. has announced the appointment of Olivia Nottebohm as Chief Operating Officer (COO) to lead the global go-to-market organization. Nottebohm replaces retiring COO Stephanie Carullo, who helped double the company's annual revenue to over $1 billion. Box CEO Aaron Levie praised Nottebohm's leadership and expressed gratitude to Carullo for her contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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Rhea-AI Summary
Box, Inc. (NYSE:BOX) will report its third quarter financial results on December 5, 2023. The conference call and webcast to discuss the results will be held at 2:00 p.m. PT. A live webcast will be accessible from the Box investor relations website, and a replay will be available until December 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
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Rhea-AI Summary
Box, Inc. and Google Cloud have announced an expanded partnership to integrate Box with Vertex AI. This integration will enable customers to process and analyze data stored in the Box Content Cloud more efficiently. Additionally, Box is now available on Google Cloud Marketplace. The partnership aims to deliver solutions that leverage cutting-edge technology to revolutionize the way businesses operate in the AI-first era.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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Rhea-AI Summary
Box unveils Box Hubs to make it easier for enterprises to curate and publish content. Box Hubs will integrate with Box AI to enable quick search, automatic summarization, and content creation based on organized documents. Box AI will enter beta in November, offering users 20 queries per month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Rhea-AI Summary
Box and CrowdStrike announce partnership to enhance data security in the cloud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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BOX, INC.
NYSE:BOX
BOX Rankings
BOX Stock Data
3.81B
139.27M
3.75%
88.06%
9.12%
Software Publishers
Information
United States of America
REDWOOD CITY
About BOX
box (nyse:box) is the cloud content management company that empowers enterprises to revolutionize how they work by securely connecting their people, information and applications. founded in 2005, box powers more than 87,000 businesses globally, including astrazeneca, general electric, p&g, and the gap. box is headquartered in redwood city, ca, with offices across the united states, europe and asia. to learn more about box, visit http://www.box.com/.