BOX - Box Inc. (BOX) Q1 2025 Earnings Call Transcript
2024-05-28 20:20:24 ET
Box, Inc. (BOX)
Q1 2025 Earnings Conference Call
May 28, 2024 5:00 PM ET
Company Participants
Cynthia Hiponia - Vice President, Investor Relations
Aaron Levie - Co-Founder and Chief Executive Officer
Dylan Smith - Co-Founder and Chief Financial Officer
Conference Call Participants
Brian Peterson - Raymond James & Associates
Pinjalim Bora - JP Morgan Securities
George Kurosawa - Steve Enders
Josh Baer - Morgan Stanley
George Iwanyc - Oppenheimer
Rishi Jaluria - RBC Capital Markets
Presentation
Operator
Hello, thank you for standing by and welcome to the Box, Inc., First Quarter Fiscal 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. [Operator Instructions]
I would now like to turn the conference over to Cynthia Hiponia, Vice President, Investor Relations. You may begin.
Cynthia Hiponia
Good afternoon and welcome to Box's First Quarter Fiscal 2025 Earnings Conference Call. I'm Cynthia Hiponia, Vice President, Investor Relations.
On the call today, we have Aaron Levie, Box's Co-Founder and CEO; and Dylan Smith, Box's Co-Founder and CFO. Following our prepared remarks, we will take your questions. Today's call is being webcast and will also be available for replay on our Investor Relations website. Our webcast will be audio-only. However, supplemental slides are now available for download from our website. We'll also post the highlights of today's call on the X platform at the handle @BoxIncIR.
On this call, we will be making forward-looking statements, including our second quarter and full year 2025 financial guidance and our expectations regarding our financial performance for fiscal 2025 and future periods, including our free cash flow, gross margins, operating margins, operating leverage, future profitability, net retention rates, remaining performance obligations, revenue and billings and the impact of foreign currency exchange rates and our expectations regarding the size of our market opportunity, our planned investments, future product offerings and growth strategies, our ability to achieve our revenue, operating margins and other operating model targets, the timing and market adoption of and benefits from our new products, pricing models and partnerships, our ability to address enterprise challenges and deliver cost savings for our customers, the impact of the macro environment on our business and operating results and our capital allocation strategies including potential repurchase of our common stock.
These statements reflect our best judgment based on factors currently known to us and actual events or results may differ materially. Please refer to our earnings press release filed today and the risk factors and the documents we filed with the Securities and Exchange Commission including our most recent annual report on Form 10-K for information on risks and uncertainties that may cause actual results to differ materially from statements made on this earnings call. These forward-looking statements are being made as of today, May 28th, 2024, and we disclaim any obligation to update or revise them should they change or cease to be up to-date. In addition, during today's call, we will discuss our non-GAAP financial measures....
Box, Inc. (BOX) Q1 2025 Earnings Call Transcript