Box Beats Q4 Estimates with $0.49 EPS and 9% Revenue Growth
Box reported Q4 adjusted EPS of $0.49 versus $0.34 consensus and revenue of $305.88 million, up 9% year-over-year. RPO rose 17% to $1.711 billion, billings grew 5% to $419.8 million, and the company forecast fiscal-2027 EPS of $1.55 on $1.28 billion revenue, topping estimates.
1. Fourth-Quarter Financial Results
Box reported adjusted earnings per share of $0.49, surpassing the $0.34 consensus estimate, and delivered revenue of $305.88 million, marking a 9% increase year-over-year.
2. Contract Metrics Expansion
Remaining performance obligations climbed 17% to $1.711 billion, while billings rose 5% to $419.8 million compared with the prior-year quarter.
3. Outlook for Fiscal 2027 and Q1
The company projects fiscal-2027 adjusted EPS of $1.55 and revenue of $1.28 billion versus consensus forecasts of $1.53 and $1.27 billion, and anticipates Q1 EPS of $0.36 on $304 million revenue compared with estimates of $0.32 and $296.59 million.
4. Strategic Initiatives and Analyst Reaction
CEO Aaron Levie highlighted the launch of Enterprise Advanced AI and workflow automation platform, while UBS maintained a Neutral rating and trimmed its price target from $31 to $28.