Latest news with #Suites
Yahoo
28-05-2025
- 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
Time Out
16-05-2025
- Time Out
Cape Cadogan unveils new Stable Suites
There's no shortage of great hotels in Cape Town, but the Cape Cadogan is one of my favorite inner-city addresses, with some seriously stylish decor and private spaces, from the elegant bar and pool courtyard, to one of the best restaurants in Cape Town at Upper Union. And now the Cape Cadogan has expanded its offering, with the opening of the Stable Suites. There are 10 Stable Suites in the newly converted buildings located on King Street, a quaint lane that is one of the last remaining cobbled streets in the area. Stables Suites are the most spacious accommodation category at the Cape Cadogan, featuring generous living areas with interleading, triple, and two-bedroom options that are a great option for multi-generational families and business travelers. And while the Cape Cadogan is usually off-limits to younger travelers, the Stable Suites mean that families can enjoy the hotel for the first time. "This development represents more than just new rooms – it's about creating environments where multiple generations can share meaningful experiences while still maintaining their own sense of space," says Robert More, CEO and custodian of MORE Family Collection, which owns Cape Cadogan. Young guests at the Stable Suites will find activity boxes suited to their age waiting on arrival, along with beach kits ready for family outings. A curated 'Out and About' list is offered to help families explore child-friendly activities around Cape Town, while Upper Union Restaurant now offers child-friendly breakfast and lunch options. Nice. Each suite includes a separate lounge and bar area, with select suites offering private courtyards or Juliet balconies. Naming them the 'Stable Suites' pays homage to the property's history, built on land first granted in 1822 that later became home to coach houses and stables. The evolution has also added two new gathering spaces: the Botanical Conservatory is a riot of orchids and greenery, while the Cadogan Bar serves curated wines, signature cocktails and light fare. A partnership with Everard Read, Africa's oldest art gallery, brings rotating collections of contemporary South African artworks throughout the property.
Gulf News
21-04-2025
- Business
- Gulf News
Look: Qatar Airways to showcase new Biz Class' Qsuite Next Gen' seats at ATM Dubai 2025
Doha: Qatar's national carrier is bringing the next generation of its iconic QSuite to Dubai during the annual travel and tourism trade show - Arabian Travel Market (ATM). The airline has invited visitors and exhibitors to explore the seats from April 28 to May 1. The seats feature fully customisable Quad Suites, creating a 'social space in the sky' for groups of four and window aisle Companion Suites. The airline said all suites have 4K OLED manoeuvrable in-flight entertainment screens that can be moved to connect the spacious and private suites. The seats provide ambient lighting, privacy controls, the 'Make My Bed' button for the 5-star Qatar Airways turn-down service, and more. The Quad and Companion Suites have increased dining space and taller digitally controlled privacy dividers.
Gulf Insider
19-04-2025
- Business
- Gulf Insider
Qatar Airways To Show Off 4-Person Customisable Quad Suites Seating At ATM In Dubai
Qatar Airways will showcase its customisable four-person Qsuite business class suite at Arabian Travel Market (ATM) in Dubai later this month. Visitors and exhibitors will have the opportunity to experience the latest from the Qatar Airways' layout from April 28 to May 1. The airline is showing off its business class experiences with the design of Qsuite Next Gen that features fully customisable Quad Suites creating the largest social space in the sky for groups of four and window aisle Companion Suites. All suites have 4K OLED manoeuvrable in-flight entertainment screens that can be moved to connect the spacious and private suites. From ambient lighting to privacy controls to the 'Make My Bed' button for the five-star Qatar Airways turn-down service, ATM visitors are invited to interact with Qsuite Next Gen's vast range of customisation options. Both the Quad and Companion Suites further boast increased dining space and taller digitally controlled privacy dividers, a testament to the airline's consideration of passenger comfort in the skies. With this year's ATM theme, 'Global Travel: Developing Tomorrow's Tourism Through Enhanced Connectivity', Qatar Airways will spotlight its continued investment in technology, and customer experience, reinforcing its position as a global aviation leader.
Zawya
17-04-2025
- Business
- Zawya
Qatar Airways to showcase ‘Qsuite Next Gen' at ATM Dubai 2025
Cairo, Egypt – Qatar Airways is bringing the latest in cutting-edge airline luxury to this year's Arabian Travel Market (ATM) Dubai with its 'Qsuite Next Gen' – the newest iteration of its multiple award-winning patented Qsuite Business Class. Visitors and exhibitors will have the opportunity to experience the latest and greatest of the Qatar Airways' industry-leading product from 28 April to 1 May 2025. The airline again setting the industry's benchmark for travel innovation and business class experiences through the design of Qsuite Next Gen that features fully customisable Quad Suites creating the largest social space in the sky for groups of four and window aisle Companion Suites. All suites have 4K OLED manoeuvrable in-flight entertainment screens that can be moved to connect the spacious and private suites. From ambient lighting to privacy controls to the 'Make My Bed' button for the 5-star Qatar Airways turn-down service; ATM visitors are invited to interact with Qsuite Next Gen's vast range of customisation options that create an unparalleled experience. Both the Quad and Companion Suites further boast increased dining space and taller digitally controlled privacy dividers, a testament to the airline's consideration of passenger comfort in the skies. With this year's ATM theme, 'Global Travel: Developing Tomorrow's Tourism Through Enhanced Connectivity', Qatar Airways will spotlight its continued investment in technology, and customer experience, reinforcing its position as a global aviation leader. Join Qatar Airways at ATM Dubai 2025 and experience the next evolution in travel at the Dubai World Trade Centre, stand ME 1420 between hall 3 and 4. About Qatar Airways A multiple award-winning airline, Qatar Airways won the 'World's Best Airline' for the unprecedented eighth time at the 2024 World Airline Awards, managed by the international air transport rating organisation, Skytrax. Qatar Airways has been the World's Best Airline in 2011, 2012, 2015, 2017, 2019, 2021, 2022, and 2024. The airline continues to be synonymous with excellence, also taking home, 'World's Best Business Class', 'World's Best Business Class Airline Lounge', and 'Best Airline in the Middle East'. As leaders in industry innovation and digital adoption, Qatar Airways was also recently voted the 'World's Best Airline Website' by World Travel Tech Awards in 2024. Qatar Airways currently flies to over 170 destinations worldwide, connecting through its Doha hub, Hamad International Airport, the 'Best Airport in the Middle East' for 11 consecutive years, as well as 'World's Best Airport Shopping' for the third year in a row, as voted by Skytrax. Hamad International Airport has previously been named the 'World's Best Airport' by Skytrax in 2021, 2022, and 2024. Qatar Airways was the first Airline in the Middle East to be certified to the highest level of IATA's Environmental Assessment (IEnvA) programme, based on recognised environmental management system principles (such as ISO 14001). As an inaugural signatory to the Buckingham Palace Declaration in March 2016, Qatar Airways became the first airline globally to be certified to the industry standard for the prevention of illegal wildlife trafficking in aviation.
