Latest news with #Suite
Yahoo
5 days ago
- Business
- Yahoo
Box Q1 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Box BOX reported first-quarter fiscal 2026 non-GAAP earnings of 30 cents per share (including 1 cent of unfavorable forex impacts), which declined 23.1% year over year. The figure exceeded the Zacks Consensus Estimate by 20%.Total revenues of $276.3 million surpassed the consensus mark by 0.67%. The top line increased 4.4% year over year on a reported basis and 5% on a constant-currency (cc) year-over-year revenue increase was primarily driven by the strong momentum of BOX Suites offerings, which bundle multiple products and services into comprehensive solutions for the release of the first quarter of fiscal 2026 results, Box shares gained 11.35% in the pre-market trading. Box, Inc. price-consensus-eps-surprise-chart | Box, Inc. Quote Billings were $242.3 million in the reported quarter, increasing 27% year over year (17% growth on a cc basis), with a tailwind of 400 basis points from early renewals and 700 basis points from favorable foreign exchange (FX). The company generated 61% of its revenues from Suite's customers in the first quarter of fiscal 2026. Continued growth in customer demand for Box AI and Enterprise Advanced contributed to strong Suite momentum. In the first quarter of fiscal 2026, Box introduced a new Box AI Agent for Microsoft MSFT 365 Copilot to help customers securely search, analyse, and act on Box content directly within Microsoft 365, Microsoft Copilot Chat, and Microsoft net retention rate was 102% at the end of the fiscal first quarter, up 100 bps year over company's remaining performance obligations (RPO) totaled $1.469 billion, reflecting a 21% year-over-year increase (17% on a cc basis). This includes $812 million in short-term RPO and $657 million in long-term RPO. The non-GAAP gross margin for first-quarter fiscal 2026 was 80.5%, expanding 30 bps year over operating expenses of $209.3 million increased 11.1% year over year. As a percentage of revenues, the figure expanded 460 bps from the year-ago quarter to 75.7%.On a non-GAAP basis, the company recorded an operating margin of 25.3%, which contracted 130 bps year over year. As of April 30, 2025, cash and cash equivalents were $689.7 million, up from $624.6 million as of Jan. 31, short-term investments amounted to $100.7 million, an increase from $98.2 million in the previous debt was pegged at $449.2 million at the reported quarter's end compared with $448.6 million at the previous quarter's generated $127.1 million in cash from operations in the fiscal first quarter, up from $102.2 million in the previous company generated a non-GAAP free cash flow of $118.3 million in the reported repurchased 1.6 million shares for $50 million in first-quarter fiscal 2026. As of April 30, 2025, approximately $152 million of buyback capacity was remaining under Box's current share repurchase plan. For the second quarter of fiscal 2026, Box expects revenues between $290 million and $291 million, suggesting an 8% rise from the prior-year reported figure. The cc growth rate is pegged at 6%. This includes an expected positive impact of approximately 220 basis points due to a non-GAAP basis, BOX expects earnings of 30-31 cents per share. The non-GAAP operating margin for the fiscal second quarter is expected to be 28%.For fiscal 2026, BOX expects revenues between $1.16 billion and $1.17 billion, indicating a year-over-year increase of 7%. This includes an expected positive impact of approximately 120 basis points due to earnings are expected between $1.22 and $1.26 per share. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The non-GAAP operating margin for the fiscal year is expected to be 28%. Currently, Box carries a Zacks Rank #4 (Sell).PagerDuty PD and GitLab GTLB are some better-ranked stocks that investors can consider in the broader sector. Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks shares have lost 11.3% year to date. PD is set to report its first-quarter fiscal 2026 results on May shares have lost 14.8% year to date. GTLB is set to release its first-quarter fiscal 2026 results on June 10. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Box, Inc. (BOX) : Free Stock Analysis Report PagerDuty (PD) : Free Stock Analysis Report GitLab Inc. (GTLB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Web Release
26-05-2025
- Entertainment
- Web Release
An Indulgent Eid Staycation Awaits at FIVE LUXE
Step into the luxurious world of FIVE LUXE, where the shimmering Arabian Gulf and Ain Dubai create a backdrop for ultimate indulgence and nonstop fun. With 222 stylish hotel rooms and suites and 222 lavish residences, it's your ticket to a glam-packed adventure for 'All-You-Can-Play' celebrations, paired with sensational dining, nightlife, and entertainment. FIVE LUXE, Dubai's 'Most Glam Beachfront Resort' at JBR, is the ultimate destination for those in pursuit of glamour, luxury, and world-class entertainment under one roof! The 1-Bed Poolside Room with Pool is ideal for a sizzling stay for two, placing you at the heart of Dubai's most exhilarating destination. Enjoy direct access to the iconic Playa Pacha pool and beach club, the city's largest and most electrifying pool party spot. For guests looking to go all-out, the Encore Suite transforms into the ultimate party destination. Complete with a DJ booth, dance floor, LED screen, and state-of-the-art sound system, it sets the stage for epic celebrations! Experience the pulsating energy of Ibiza and 'Come Play' at Playa Pacha, where Mediterranean flair accompanies all-day parties, every day of the week. From Wet Cherry Wednesdays to Sam Oui & Friends on Saturdays and Latin House on Sundays, there's truly something for every mood and vibe. Find yourself spoilt for choice with innovative dining and nightlife at several distinct venues within FIVE LUXE. Dive into the exquisite world of Ronin, from live fire Teppanyaki cooking to a swanky Sushi Bar, intimate Pagoda-style dining or its Lazy Weekend Lunches featuring heavenly Ramen and fresh Hand Rolls from Gourmet A5 Wagyu Shabu-Shabu to Angry Chicken Spicy Ramen and bold Wagyu Ragu Black Bean 'JaJang-Myeun.' Embrace French sophistication with a Dubai twist at Tête-à-Tête, inspired by the French Riviera where vibrant, sun-kissed flavours shine against a chic, lavender backdrop with sweeping views of Palm Jumeirah and the Arabian Gulf. Take things up a notch at the Friday Dinner Party and dance to French hits remixed with the hottest international house beats, enjoy a signature set menu and cocktails – or savour delicious flavours at the Bisous Bisous Brunch on Saturdays. Paradiso Dubai captivates with surreal, theatrical decor paired with exquisite cocktails, and tapas-style menu – along with weekly events such as the Queen of Hearts Ladies Night on Thursdays and Paradiso Blackbook with the hottest DJs that spin tracks from a variety of genres. For pub enthusiasts, Goose Island Tap House offers a range of over 22 craft brews – the largest in the UAE – paired with delicious bites. Enjoy daily Happy Hours, a vibrant Ladies' Night every Tuesday, indulge in Wings Wednesdays with irresistible chicken or vegan wings, and kick-start your weekend with The Ultimate Breakfast, served in true indulgent style, along with the famed Sunday Roast. Bask under the sunny skies of Cielo, where every meal is a celebration of the good life, from breakfast to dinner and a spectacular beachfront shisha lounge. Revitalise at ReFIVE Spa with state-of-the-art facilities including an indoor spa pool, rooftop workout terrace and a 24/7 gym, transformative treatments that include Ayurvedic rituals, muscle recovery ice therapy, healing quartz beds, Hammam, Auteur and Omorovicza facials and more. Location: FIVE LUXE, JBR When: June 2025 Price: Starting from AED 850 for Rooms | AED 1,650 for Suites Press Kit: LINK Follow us: Instagram | Website Book Now: Call: 04 455 9989 WhatsApp: +971 4455 9999 Email: [email protected] **Advance bookings are recommended.
Glasgow Times
24-05-2025
- Entertainment
- Glasgow Times
ITV's This Morning star wowed by Glasgow hotel
Josie Gibson stayed at the AC Hotel by Marriott Glasgow and toured the hotel's brand-new luxury wedding and event venue The Collector's Hall. She said: "I have never, ever stayed in anywhere like this in my life." The Liberty Suite, a two-bedroom residence with a living area, dining space, and kitchen, offers stunning views and elegant interiors. Josie with Craig Munro (Image: Supplied) Josie visited Glasgow to get a first look at The Collector's Hall, AC Hotel's new venue designed for weddings, private events, and gatherings. She joked with general manager Craig Munro about her own romantic aspirations, saying: "Can I get married here? "Can you imagine walking down the aisle to a hunky Scotsman… I've just got to find him first." Craig said: "It was an absolute privilege to have Josie stay in our Liberty Suite. "This two-bedroom suite, with its unique layout and high-end finishes, complements our new wedding and event space perfectly. "We're thrilled she enjoyed her time with us and would be honoured to host her big day - when that hunky Scotsman comes along." The AC Hotel by Marriott Glasgow is a restoration of Glasgow's 120-year-old Grade A-listed former Parish Halls. As part of the £100 million Love Loan development, the project has transformed an entire block off George Square into a leisure and residential neighbourhood. The hotel's heritage suites, including The Liberty Suite, showcase original features such as a sweeping stone staircase, period cornicing, a glass ceiling dome, and a stained-glass window depicting Glasgow's famous coat of arms inspired by the legend of St Mungo. The Collector's Hall is now open for bookings.
Daily Record
21-05-2025
- Entertainment
- Daily Record
This Morning star Josie Gibson on the hunt for love in Glasgow as she seeks hunky Scotsman
During a recent trip to Glasgow, ITV star Josie said she was on the hunt for love. Josie Gibson has declared that she's looking for love after a trip to Glasgow. During her visit, This Morning star Josie popped by The AC Hotel by Marriott where she fell in love with the space and even asked if she could get married there to a 'hunky Scotsman'. 'I have never, ever stayed in anywhere like this in my life,' Josie declared as she stepped into The Liberty Suite, a stunning two-bedroom residence featuring its own living area, dining space, and kitchen. The suite offers unrivalled views and elegant interiors that left the presenter captivated. Josie visited Glasgow to get a first look at The Collector's Hall, AC Hotel's striking new venue designed for weddings, private events, and exclusive gatherings. The spacious, contemporary setting pairs perfectly with the refined luxury of The Liberty Suite. Josie took a look behind the scenes at the creation of the most anticipated venue in Glasgow and was stunned by its beauty. Clearly impressed, Josie joked with General Manager, Craig Munro about her own romantic aspirations: 'Can I get married here? Can you imagine walking down the aisle to a hunky Scotsman… I've just got to find him first'. Craig Munro was delighted by Josie's enthusiasm: 'It was an absolute privilege to have Josie stay in our Liberty Suite. This two-bedroom suite, with its unique layout and high-end finishes, complements our new wedding and event space perfectly. We're thrilled she enjoyed her time with us and would be honoured to host her big day - when that hunky Scotsman comes along!' The AC Hotel by Marriott Glasgow is more than just a modern luxury destination; it's a meticulous restoration of Glasgow's 120-year-old Grade A-listed former Parish Halls. As part of the £100 million Love Loan development, the project has transformed an entire block off George Square into a vibrant leisure and residential neighbourhood. The hotel's heritage suites, including The Liberty Suite, showcase original features such as a sweeping stone staircase, period cornicing, a glass ceiling dome, and a stained-glass window depicting Glasgow's famous coat of arms inspired by the legend of St Mungo. Now open for bookings, The Collector's Hall offers a chic and memorable venue in the heart of Glasgow. Whether it's an intimate wedding or a grand celebration, the team at AC Hotel by Marriott Glasgow is ready to deliver unforgettable experiences with signature style and Scottish hospitality. Elsewhere on Josie's Glasgow trip, she teamed up with Iceland to surprise a customer after she penned a heartfelt email to the Iceland boss. Kayleigh McGregor emailed Richard Walker to express her 'genuine appreciation for what Iceland represents and how the supermarket consistently delivers for people like her'. Glasgow resident Kayleigh said that it's rare to see a brand of Iceland's size not only acknowledge those who come from a working-class background, but also actively create products to suit their needs. As well as praising Iceland's affordable meals, saying the quality is 'better than some restaurants she's paid triple for' and Iceland's actions during the pandemic, Kayleigh states that Iceland is more than just a supermarket, it's a 'lifeline'. Josie arrived in Glasgow, surprising Kayleigh in an Iceland van full of some of the products she mentioned that she loved in her email, delivering items such as Greggs Steak Bakes, Iceland Chicken & Mushroom Curry, Brioche Rolls, and Iceland Thin & Crispy French Fries. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'.
Yahoo
21-05-2025
- Business
- Yahoo
SAP retools its cloud-based ERP to ease migrations
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. SAP introduced five line-of-business software bundles to simplify migrations to S/4HANA cloud-based ERP, the company said Tuesday at its annual SAP Sapphire conference. The Business Suite packages are customized for finance, supply chain, human resources, procurement and customer experience. Each bundle integrates the S/4HANA ERP system with the SAP Business Data Cloud analytics platform, SAP Business AI tools and the SAP Business Technology Platform control plane, the company said in the announcement. The move marks a shift in strategy as the company moves closer to ending mainstream support for its on-premises ERP Central Component systems in 2027. 'This is a massive simplification,' Jan Gilg, chief revenue officer and president, SAP Americas and Global Business Suite, told CIO Dive. 'It's no longer the customer's job to integrate those things together anymore.' SAP's singular focus on moving its massive ECC base to S/4HANA has evolved into a multipronged effort to lure customers to the cloud. In January, the company extended business continuity support for some customers who are planning a migration to 2033. SAP partnered with Databricks to deliver the Business Data Cloud analytics platform the following month. Last year, SAP added migration credits to the RISE with SAP incentive program, armed its Joule AI assistant with agentic tools and rolled out industry-tailored integrations for manufacturing and retail businesses. To help ease cloud transitions, CEO Christian Klein pledged to provide a dedicated enterprise architect to every RISE customer in July 2024. 'For a lot of our installed-base customers, especially the large customers, it's really difficult to move core ERP in one step to a full SaaS model,' Gilg said. 'Often they have customizations from decades ago.' Incrementally untangling accumulated technical debt through smaller, line-of-business migrations is an easier lift, he added. IT services firm Kyndryl prioritized the finance function to ease an 18-month RISE with SAP migration as it decoupled its tech stack from former parent company IBM. Kyndryl has since built a RISE consulting practice around the experience. 'If you peel back the onion and you look into the finance premium package, you will see it's basically an administrative ERP,' Gilg said. 'You have core finance capabilities, operational procurement, sales order management, project management, Sales Cloud and Concur for travel and expense entitlements — everything a company that's not manufacturing anything needs to run their core processes.' As SAP rolls out the bundled offerings, it is also severing the RISE migration framework from SaaS-based ERP products. 'You cannot buy RISE anymore,' Gilg said. 'We really look at RISE as the methodology. What you buy is either the SAP Cloud ERP private package or you buy those business suite packages.' The terminology can be confusing, Gilg acknowledged. S/4HANA Private Cloud runs on public cloud infrastructure, but SAP is also helping customers with a large installed base shift from ECC to S/4HANA via a hybrid private cloud option that leads to public cloud. 'This is really a change that we have done this year, which I believe will take us some time to communicate,' Gilg said. 'We look at it as an alternative for those who either don't want to go all SaaS or cannot go all SaaS. Once customers are in an S/4HANA on-premises system, to move them to cloud is more or less a technical task.'
