Box reports faster billings growth after Enterprise Advanced repricing

Box reported $321.1 million in second-quarter FY27 revenue, up 9% year over year, while billings rose 17% to $309.5 million. The company said its Enterprise Advanced tier, priced at a 20% to 40% premium to Enterprise Plus, has accelerated in constant currency for five consecutive quarters. Box raised its FY27 revenue guide to $1.29 billion but cut non-GAAP EPS guidance to $1.54, citing foreign exchange and a higher expected diluted share count.