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UPDATE: JPMorgan Upgrades Box, Inc. (BOX) to Neutral

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Box Reports Strong Fourth Quarter and Fiscal 2022 Financial Results

March 2, 2022 4:05 PM EST

Fourth Consecutive Quarter of Accelerating Growth, with Revenue Growth of 17% Year-Over-Year
Fourth Quarter GAAP Operating Margin of Breakeven, Non-GAAP Operating Margin of 21%
Fiscal 2022 Combined Revenue Growth + Free Cash Flow Margin of 33%

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced preliminary financial results for the fourth quarter and fiscal year 2022, which ended January 31, 2022.

In fiscal 2022, we achieved strong results across all of our financial metrics, executing on our vision for the Box Content Cloud while exceeding our... More