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News  ›  Investing.com

Box Proves Investors Wrong as Its AI-Driven Comeback Gains Momentum

Investing.com Logo Investing.com By Jeffrey Neal Johnson
Box Proves Investors Wrong as Its AI-Driven Comeback Gains Momentum

Box demonstrated strong financial performance in Q3, with 12% billings growth and an 18% increase in remaining performance obligations, driven by AI platform adoption and strategic financial management.

Insights
BOX   positive

Strong financial metrics including 12% billings growth, 18% RPO increase, 104% Net Retention Rate, $150M stock buyback, and strategic cash management for convertible notes settlement