BOX INC
No SEC Form 4 filings for $BOX in the last 30 days.
Box, Inc. reported first double-digit revenue growth in over 12 quarters, driven by Enterprise Advanced and its Box AI platform, which carries a 30%–40% price premium over Enterprise Plus. Management raised full-year revenue guidance to about $1.28B and expects net retention to reach 105% by fiscal 2027. Q1 free cash flow was $128M. The company expanded its $500M buyback in March.
Premarket movers: Zscaler shares fell over 23% after guiding current-quarter revenue to $875M–$878M vs $879M expected, despite fiscal Q3 adjusted EPS of $1.08 beating $1.01 and revenue of $850M beating $835M. Bath & Body Works rose 15% on better guidance; Semtech gained 7% on beats and upside outlook. Micron rose 7% after topping $1T market cap; Sandisk up 3% on Barclays upgrade.
U.S. stock futures rose Wednesday after Tuesday’s mixed close, with the Nasdaq up on tech strength. CME FedWatch shows a 99.9% chance the Fed holds rates in June. The 10-year Treasury yield was 4.46% and the 2-year 4.02%. Box fell premarket despite better Q1 results and a higher FY27 outlook; Braiin dropped 13.45% after a contract-driven surge.
