Box Q3 fiscal 2025 revenue rises 5% to $275.9 million; GAAP EPS $0.05
Box reported preliminary third-quarter fiscal 2025 results for the quarter ended October 31, 2024, with revenue up 5% year over year and remaining performance obligations up 13%. GAAP diluted EPS was $0.05, up from $0.04, while operating cash flow fell 13% and the company raised $460 million through convertible notes due 2029.
- Revenue was $275.9 million, up 5% from $261.5 million; up 6% in constant currency
- Non-GAAP diluted EPS was $0.45 versus $0.36 a year earlier; GAAP diluted EPS was $0.05 versus $0.04
- Net cash from operating activities was $62.6 million, down 13%; non-GAAP free cash flow was $57.4 million, down 2%
- Raised $460 million through convertible notes due September 15, 2029; full-year fiscal 2025 revenue guidance is about $1.090 billion