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  "documentTitle": "Box, Inc. (BOX)",
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  "notes": "Uses analyst quotes to frame the problem of stagnant growth.",
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      "text": "Holger Mueller of Constellation Research Inc. said Box’s revenue growth of just 10% was ‘measly’ and that shareholders such as Starboard were right to ask why the company has not performed better...",
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      "text": "Box has guided to a meaningfully improved financial model, expecting to achieve the “Rule of 40” by FY24 and calling for accelerating growth with meaningful margin expansion.",
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      "text": "“Holger Mueller of Constellation Research Inc. said Box’s revenue growth of just 10% was ‘measly’ and that shareholders such as Starboard were right to ask why the company has not performed better...‘But the question needs to be asked, why has Box only grown by 10% during pandemic times, while the global economy is restarting and reinventing itself around digital processes?’” — Silicon Angle, May 2021; “Box has guided to a meaningfully improved financial model, expecting to achieve the ‘Rule of 40’ by FY24 and calling for accelerating growth with meaningful margin expansion. While we would certainly like to see that, the problem is Box has always ranked low on sales efficiency and seen declining net retention rates, which makes it tough for us to underwrite the combination of the two.” — RBC Capital Markets, July 2021",
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      "text": "Source: Company filings, Wall Street research, public news articles. Note: Market data as of 8/4/21. Emphasis has been added by Starboard.",
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