Box shares rise 6% after Q4 revenue beat and share buyback

Shares of Box Inc (NYSE:BOX) climbed 6.06% to $25.37 in premarket trading on Wednesday, rebounding from their lowest closing level since February 10 recorded in the previous session.

The intelligent content management platform reported fourth-quarter revenue that came in slightly above analyst forecasts, according to data compiled by LSEG.

During the quarter, Box repurchased 4.4 million shares for a total of $126 million.

The company also forecast first-quarter fiscal 2027 revenue of $304 million, which would represent a year-over-year increase of about 10%.

Box stock price


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