Box posts first $1 billion fiscal year as AI sales pick up, sending stock flying

Box posts first  billion fiscal year as AI sales pick up, sending stock flying

Published: March 5, 2024 at 4:14 p.m. ET Box Inc.’s stock was up more than 13% after hours Tuesday after the software firm reported its first $1 billion fiscal year and announced a $100 million share-buyback program. “Customers in financial services are upgrading to Box AI,” Box Chief Executive Aaron Levie said in an interview, …

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