BOX - Box Inc. (BOX) Q4 2024 Earnings Call Transcript
2024-03-05 20:17:05 ET
Box, Inc. (BOX)
Q4 2024 Earnings Conference Call
March 05, 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
Joshua Baer - Morgan Stanley
Pinjalim Bora - JPMorgan
Steven Enders - Citi
John Messina - Raymond James
Richard Hilliker - UBS
Sebastien Naji - William Blair
George Iwanyc - Oppenheimer
Rishi Jaluria - RBC Capital Markets
Presentation
Operator
Good afternoon. My name is Krista and I'll be your conference operator today. At this time, I would like to welcome everyone to the Box Incorporated Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]
Thank you. I would now like to turn the conference over to Cynthia Hiponia. Cynthia, you may begin your --
Cynthia Hiponia
Good afternoon, and welcome to Box's Fourth Quarter and Full Year Fiscal 2024 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 at box.com/investors. Our webcast will be audio-only. However, supplemental slides are now available for download on 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 first quarter and full year fiscal 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, the proceeds from the sale of our data center equipment, 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 documents we filed with the SEC, including our most recent quarterly report on Form 10-Q 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 March 5th, 2024, and we disclaim any obligation to update or revise them should they change or cease to be up to-date....
Box, Inc. (BOX) Q4 2024 Earnings Call Transcript