Box Inc.: Doubling of Operating Margin and new Record Quarterly Profit

In the quarterly figures published on August 27, Box reported new record figures for gross margin, operating margin and earnings per share. The company's future growth prospects are supported by unlimited access to generative AI thanks to Box AI and the acquisition of Alphamoon's AI-powered document processing technology. CEO Aaron Levie said: "We are entering the era of Intelligent Content Management and Box offers a unique platform that can manage the content lifecycle with built-in intelligence." Known for its cloud-based file and...