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) reported strong fiscal Q3 2025 results with revenue reaching $275.9 million, up 5% year-over-year (6% in constant currency). The company achieved record GAAP operating margin of 8.5% and non-GAAP operating margin of 29.1%. Remaining performance obligations (RPO) grew to $1.282 billion, a 13% increase year-over-year.
Key financial highlights include record GAAP gross profit of $220.4 million (79.9% of revenue), GAAP diluted net income per share of $0.05, and record non-GAAP diluted net income per share of $0.45. The company raised $460 million through a convertible debt offering due September 2029 and introduced new product features including Box Forms, Doc Gen, and Box AI Studio.
Box announced that RWS Global has selected its Intelligent Content Management platform to manage content across its organization. RWS Global, a global leader in live entertainment and events, will migrate from multiple systems including Egnyte, Dropbox, and SharePoint to Box Enterprise Plus. The company will utilize Box for secure collaboration, AI-enhanced workflows, and integration with business-critical apps.
RWS Global chose Box to support its worldwide teams in London, New York, Cincinnati, and Sydney in managing projects for high-profile clients like Apple, Coca-Cola, and Rugby World Cup. The implementation includes features such as Box Shuttle migration, AI capabilities, and enhanced security measures like watermarking and auto-classification policies.
Box and Slalom have announced a strategic partnership focused on helping enterprises leverage advanced AI and machine learning for content management. The collaboration combines Box's Intelligent Content Management platform with Slalom's business transformation expertise to modernize workflows and enhance collaboration. The partnership will develop solutions across various industries including financial services, healthcare, retail, and public sector. Box has named Slalom as their AI Innovation Partner of the Year at BoxWorks 2024 for their contributions to advancing content management solutions.
Box announced major AI-powered innovations for enterprise content management, introducing Box AI Studio and Box Apps. Box AI Studio, launching January 2025, will enable businesses to create customized AI agents using various AI models from trusted providers. Box Apps, available in Beta, offers no-code solutions for creating intelligent applications for content-centric business processes.
The company also introduced Enterprise Advanced, a comprehensive plan combining all platform features, and new security features including Box Archive and Content Recovery for enhanced data protection and ransomware recovery. These innovations aim to revolutionize unstructured data management and automate business processes across enterprises.
Box announced that the National Transportation Safety Board (NTSB) has selected Box as its cloud platform for their Digital Content Delivery Platform project. Box will serve as the intelligent content layer for NTSB.gov, enabling investigators to collect and share investigation-related documents, audio, and video files. Additionally, Box has received 'In Process' designation for FedRAMP High Authorization, marking progress toward obtaining a FedRAMP High Authority to Operate within 12 months. This authorization includes over 400 security controls, representing one of the highest security standards for cloud service providers.
Box has scheduled its third quarter fiscal 2025 earnings announcement for Tuesday, December 3, 2024, after market close. The company will host a conference call and webcast at 2:00 p.m. PT to discuss financial results and business developments for the quarter ended October 31, 2024. Interested parties can register online to receive dial-in information and a conference ID. A live webcast will be available on Box's investor relations website, with a replay accessible until December 2, 2025.
Transcend has appointed Luke Arno as Chief Revenue Officer (CRO) to lead its revenue organization. Arno joins from Twilio Segment where he served as Global Vice President of Sales, driving significant ARR growth across multiple regions. The appointment comes as Transcend reports record-breaking performance in 2024, helping companies save over $100 million through autonomous privacy operations. Additionally, Mike Orlick has been promoted to Global VP of Sales. The company aims to help enterprises transition from legacy solutions to its next-generation privacy platform, focusing on consent management, data discovery, and digital governance functions.
Box and AWS have announced an expanded strategic partnership to enhance generative AI capabilities for enterprises. Box customers can now access foundation models through Amazon Bedrock, starting with Anthropic's Claude and Amazon Titan models. The integration includes a new Box connector for Amazon Q Business, enabling organizations to leverage their private data for AI-powered tasks like content generation, summarization, and information retrieval. The partnership aims to help various industries including financial services, media, law firms, nonprofits, and life sciences organizations to enhance their workflows while maintaining security and compliance standards.
Box has announced the general availability of Box Hubs, a new feature designed to revolutionize content publishing in enterprises. Box Hubs are customizable portals that simplify content curation and publishing across organizations. The feature aims to make it easier for employees to find up-to-date information and extract insights using Box AI.
Key features of Box Hubs include:
- Secure external sharing with partners and vendors
- Quick file location using Box's global search
- New settings like direct Hub linking and vanity links
- Compliance with federal requirements such as Section 508
Box AI functionalities are available for Enterprise Plus plan customers, allowing users to ask questions across all documents in a Hub. The feature is already being used by various organizations for HR, business development, legal, marketing, and product management purposes.
Box, Inc. (NYSE:BOX) has priced a private placement of $400 million in 1.50% convertible senior notes due 2029. The notes, convertible at an initial rate of 23.0102 shares per $1,000 principal amount (equivalent to $43.46 per share), represent a 30% premium over Box's last reported stock price. Box expects net proceeds of about $389.2 million, potentially rising to $447.8 million if additional purchase options are exercised.
The company plans to use $45.6 million for capped call transactions, $191.7 million to repurchase outstanding 2026 Notes, and the remainder for working capital and general corporate purposes. Box also entered into agreements to unwind a portion of existing capped call transactions, expecting to receive about $30.3 million.
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