Box Surpasses Analyst Expectations in Q1, Citing Growth in Unstructured Data and AI-Powered Products

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Box Surpasses Analyst Expectations in Q1, Citing Growth in Unstructured Data and AI-Powered Products

Box Reports Strong First Quarter Earnings, Exceeding Analyst Expectations

Box, Inc. (BOX) released its first-quarter financial results on Tuesday, exceeding analyst expectations on both earnings and revenue. The company reported earnings per share of 39 cents, surpassing the consensus estimate of 36 cents by 8.33%. Revenue for the quarter reached $265 million, exceeding the analyst consensus estimate of $262.044 million by 1.13%. This represents a 5.2% increase compared to the same period last year.

Despite a slight decrease in billings compared to the previous year, Box remains optimistic about its future. The company's cash flow from operations increased by 5% year-over-year, reaching $131 million. Box CEO Aaron Levie expressed confidence in the company's position to capitalize on the growing importance of unstructured data in enterprises, particularly with the launch of Box Hubs and Box AI for Hubs.

Looking ahead, Box anticipates adjusted earnings per share between 40 and 41 cents for the second quarter, exceeding the current analyst estimate of 39 cents. For the full year 2025, the company projects adjusted earnings per share between $1.54 and $1.58, aligning with the current analyst consensus estimate of $1.58.

Following the earnings release, Box shares experienced a 1.04% increase in after-hours trading, reaching $25.30 at the time of publication.