Welcome to our dedicated page for Box news (Ticker: BOX), a resource for investors and traders seeking the latest updates and insights on Box stock.
Box, Inc. (NYSE: BOX) provides a secure cloud content management platform for enterprise collaboration and workflow automation. This page aggregates official company announcements, financial disclosures, and market-moving developments for stakeholders tracking Box's business trajectory.
Access curated press releases spanning quarterly earnings, product innovations, strategic partnerships, and governance updates. Investors will find filings related to Box's performance as a publicly traded entity, while technology leaders can monitor integrations with enterprise ecosystems like Microsoft 365 and Google Workspace.
Key updates include:
• Financial Reports: Quarterly earnings, annual statements, and investor call transcripts
• Product Releases: New features in cloud storage, security protocols, and AI-driven workflow tools
• Strategic Moves: Partnerships, leadership changes, and compliance certifications
• Industry Analysis: Contextual updates on cloud storage trends impacting Box's market position
Bookmark this page for real-time notifications on Box's evolving role in enterprise digital transformation. Verify time-sensitive details through linked SEC filings and official company communications.
Box (NYSE: BOX) has appointed Tricia Gellman as its new Chief Marketing Officer. Gellman brings over 20 years of experience in driving growth for tech companies like Salesforce and Adobe. As CMO, she will help accelerate Box's path to $2 billion in revenue and its evolution as an Intelligent Content Management platform.
Gellman's appointment aligns with Box's vision to pioneer the new category of Intelligent Content Management, helping its 100,000+ customers leverage AI for content transformation. Her expertise in demand generation, positioning, and solutions marketing is expected to solidify Box's leadership in this space.
During her time at Salesforce, Gellman played a important role in the company's growth from $1 billion to $13 billion in annual revenue. She has also held key positions at Adobe, Checkr, and Drift, demonstrating a strong track record in go-to-market strategies and solution-selling practices.
Box, Inc. (NYSE: BOX) has acquired Alphamoon's AI-powered intelligent document processing (IDP) technology, expanding its Intelligent Content Management (ICM) platform. This strategic move, coupled with the recent acquisition of Crooze, enhances Box AI's capabilities to automate document-related tasks and extract valuable metadata from business content.
Alphamoon's technology combines large language models with proprietary OCR and document processing technology to intelligently structure documents at scale. Once integrated, it will expand Box AI's capabilities, leveraging advanced OCR, leading third-party AI models, and Box's enterprise-grade security.
The acquisition aims to revolutionize IDP by enabling automated metadata extraction from various business documents, streamlining workflows, integrating with external applications, and enhancing industry-specific processes. Box expects to announce availability and pricing for new intelligent document processing capabilities at a later date.
Box, Inc. (NYSE:BOX) announced that Box AI for Documents and Notes is now available with unlimited queries for Enterprise Plus customers, experiencing rapid growth in Japan. Major companies like Asahi Group Japan, The Norinchukin Bank, and Hitachi High-Tech have implemented Box AI company-wide to leverage unstructured data with enterprise-grade security.
Box AI aims to utilize the power of generative AI within the Box platform, allowing companies to extract value from unstructured data that accounts for 90% of corporate information. The service offers features like question-answering and summarization functions, with plans to introduce Box AI for Hubs and more flexible workflow automation features later this year.
Box, Inc. (NYSE:BOX) has announced its upcoming second quarter fiscal 2025 financial results release, scheduled for Tuesday, August 27, 2024, after market close. The company will host a conference call and webcast at 2:00 p.m. PT on the same day to discuss the results and business developments. Interested parties can register online to receive dial-in information and a conference ID. A live webcast will be available on the Box investor relations website, with a replay accessible until September 3, 2024. This announcement sets the stage for Box to share its latest financial performance and strategic updates with investors and analysts.
Box and Slack have expanded their partnership to bring secure AI capabilities to enterprise content. The integration allows Box Enterprise Plus customers to access unlimited Box AI queries directly in Slack, enabling users to extract insights from Box files within their Slack workspace. This enhancement aims to transform collaboration and productivity for joint customers.
Key features of the expanded partnership include:
- Dynamic and secure file previews of Box files in Slack
- Real-time content card updates
- Enhanced Box for Slack workflows
- Improved admin delegated authorization
- Streamlined content workflow between Box, Slack, and Salesforce
The integration is available immediately for all Slack customers with Box Enterprise Plus plans, offering AI-powered insights without leaving the Slack environment.
Guidewire (NYSE: GWRE) has announced new Built by Guidewire integrations with Box (NYSE: BOX), now available in the Guidewire Marketplace for ClaimCenter, BillingCenter, and PolicyCenter users on Guidewire Cloud. These integrations connect Box's Intelligent Content Cloud with Guidewire, offering insurers an end-to-end solution for content lifecycle management.
Key benefits include:
- Automatic file population from Guidewire to Box folders
- Enhanced insurer productivity and collaboration
- Advanced security and compliance in content management
- AI-driven insights and automation for streamlined content classification, extraction, and analysis
Box, Inc. (NYSE: BOX) has appointed Samantha Wessels as the new President of Box EMEA. With over 20 years of technology experience, Wessels joins Box from leadership roles at Snyk, Elastic, and NTT. This strategic move aims to drive the next phase of growth for Box in the EMEA region.
Box's COO, Olivia Nottebohm, emphasized the company's position at the convergence of major technology trends, including process automation, AI-driven innovation, and secure data management. Wessels' appointment underscores Box's commitment to providing cutting-edge solutions and support to EMEA customers.
Since launching in EMEA in 2012, Box has established a strong European presence with offices in London, Paris, Munich, Amsterdam, and Warsaw. The company recently opened R&D offices in Varso Tower, the EU's tallest building, demonstrating its continued international investment. Box has seen sustained growth in the region, with leading organizations like Met Police, AstraZeneca, and Eurostar adopting its Intelligent Content Cloud.
Box has announced significant enhancements to its AI capabilities, particularly for Enterprise Plus customers who will now benefit from unlimited queries in Box AI for Hubs, Documents, and Notes. New features include integration with GPT-4o, support for image and spreadsheet files, and the Box AI for Metadata API. The improvements aim to help organizations extract insights from unstructured data, automate business processes, and manage content more effectively. The updates will be available later this year, with some features like the Box AI for Metadata API currently in beta.
Box (NYSE: BOX) reported its fiscal Q1 2025 financial results with revenue of $265 million, representing a 5% year-over-year increase and 8% growth in constant currency, surpassing guidance. The company achieved a GAAP operating margin of 6.8% and a non-GAAP operating margin of 26.6%, both exceeding guidance. GAAP net income per share was $0.08, and non-GAAP net income per share was $0.39, both above expectations. Cash from operations increased by 5% year-over-year to $131 million, and non-GAAP free cash flow rose by 14% to $123 million. Box highlighted developments like the Box Hubs and Box AI for Hubs in public beta, and a collaboration with NVIDIA NIM. The company also provided updated guidance for Q2 FY25 and full-year FY25, expecting revenue growth despite foreign exchange headwinds.
Box has appointed Steve Murphy, CEO of Epicor Software, to its Board of Directors as KKR's designee. Murphy, a technology veteran with over 20 years of experience, succeeds John Park, who served since 2021. Murphy's notable achievements include leading Epicor to over $1 billion in annual recurring revenue. His extensive background includes leadership roles at OpenText, Oracle, and Sun Microsystems. Box's Chair, Bethany Mayer, and CEO, Aaron Levie, praised Murphy's expertise in enterprise software and content management, which they believe will drive Box's growth and innovation. This appointment follows KKR's $500 million investment in Box in 2021.
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