"Box's AI Sales Drive Record-Breaking $1 Billion Fiscal Year"
TL;DR Summary
Box Inc. reported its first $1 billion fiscal year and announced a $100 million share-buyback program, leading to a 2% rise in its stock after hours. The company's CEO highlighted the adoption of Box AI by financial services customers, integrating advanced AI models into the Box Content Cloud, and also announced integration with Microsoft Azure OpenAI.
- Box posts first $1 billion fiscal year as AI sales pick up MarketWatch
- Box Stock Whipsaws On Earnings Beat, Microsoft AI Collaboration News Investor's Business Daily
- Box topped Q4 earnings estimates, missed on revenue Yahoo Finance
- Box Stock Jumps on Microsoft AI Partnerships Barron's
- Box Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results Business Wire
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