$BOX (+1,01 %) Box reported earnings

Q3 FY2025 results ended on October 31st 2024

- Revenue: $275.9M, +5% YoY

- Net Income: $12.9M vs $10.7M YoY

- Operating Income: $23.4M vs $11.4M YoY

- Free Cash Flow: $57.4M, -2% YoY

CEO Aaron Levie: "We delivered strong Q3 financial results and unveiled the most transformational product line-up in Box history. Now businesses of all sizes will be able to realize the full value of their content and leverage the data inside their files to drive innovation."

Revenue & Growth

- Remaining Performance Obligations: $1.28B, +13% YoY

- Billings: $264.7M, +4% YoY

- Constant Currency Revenue Growth: 6% YoY

Profits & Financials

- GAAP Gross Margin: 79.9% vs 73.5% YoY

- Non-GAAP Gross Margin: 81.9% vs 76.3% YoY

- GAAP Operating Margin: 8.5% vs 4.4% YoY

- Non-GAAP Operating Margin: 29.1% vs 24.7% YoY

Business Highlights

- Raised $460M through convertible notes due 2029

- Introduced Enterprise Advanced suite with Box Forms and Box AI Studio

- Released Box Hubs for content publishing

- Expanded AWS partnership for AI with Amazon Bedrock

- Partnership with Slalom for AI/ML solutions

Future Outlook

- Q4 Revenue: $279M, +6% YoY expected

- Q4 Non-GAAP Operating Margin: ~27.5%

- FY25 Revenue: $1.09B, +5% YoY expected

- FY25 Non-GAAP Operating Margin: 28%

Do you think this is still a good ETF? A few years ago I bought Wisdom Cloud Computing ETF $WCLD (+0,91 %)

It is an ETF where I have the most losses but I personally think it still has a future.

The ETF consists of:

Samsara Inc-Cl A 1.86% $IOT (+2,31 %)

Gitlab Inc-Cl A 1.86% $GTLB (+2,16 %)

Box Inc - Class A 1.82% $BOX (+1,01 %)

Zoominfo Technologies Inc-A 1.80% $ZTNO

Zoom Video Communications-A 1.79% $ZM (+0,34 %)

Mongodb Inc 1.78% $MDB (+2,18 %)

Veeva Systems Inc-Class A 1.75% $VEEV (+0,6 %)

AvePoint Inc 1.71% $AVPT

Workday Inc 1.67% $WDAY (+1,24 %)

Dropbox Inc-Class A 1.66% $DBX (+1,44 %)

Remaining Portfolio 82.30%

I am curious about your opinion!

box Earnings $BOX (+1,01 %)