Box's stock surged 5.48% in post-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations on both earnings and revenue.
The Intelligent Content Management platform provider reported adjusted earnings per share of $0.49 for the quarter ended January 31, beating the consensus estimate of $0.34. Revenue reached $305.9 million, up 9% year-over-year and slightly above the $304.28 million estimate. The strong performance was driven by the company's Enterprise Advanced offering, which already accounts for 10% of revenue as customers adopt AI-powered content management capabilities.
Box also issued upbeat guidance for the current fiscal year, expecting first-quarter revenue of approximately $304 million versus the consensus of $296.5 million, and adjusted EPS of $0.36 compared to the $0.32 estimate. For the full fiscal year 2027, Box projects revenue of $1.275 billion versus the consensus of $1.27 billion, with adjusted EPS of $1.55 compared to the $1.53 estimate. The company's remaining performance obligations of $1.7 billion, up 17% year-over-year, indicate strong future revenue visibility.