Box Stock Falls As Losses Overshadow Revenue Growth

By | December 3, 2015

Scalper1 News

Box (BOX) stock was down 6.7% at the closing bell on Thursday, after the online data storage and file-sharing service provider reported in-line fiscal Q3 2016 earnings per share, excluding items, but a higher net loss. Los Altos, Calif.-based Box, which raised $175 million in its January initial public offering , late Wednesday reported a net loss of $55 million in fiscal Q3, up from a $45.4 million loss in the year-earlier period. Box said that Scalper1 News

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