Tag Archives: box

Is Apple Poised To Make A Big Acquisition In ’16?

Amid a broader deal-making atmosphere, FBR says that Apple (AAPL) could use its $200 billion cash pile to make an acquisition in 2016. Apple is “entering a critical juncture from a product, growth and strategic perspective,” according to FBR. The analyst listed four “wish list” acquisitions for Apple: Adobe Systems (ADBE), Box (BOX), GoPro (GPRO) and Tesla Motors (TSLA). Bigger Enterprise Presence The consumer tech giant is boosting its corporate

Box Stock Falls As Losses Overshadow Revenue Growth

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

Box Seen Reporting Narrower Fiscal Q3 Loss

Box (BOX) is expected to report a narrower fiscal Q3 loss despite higher product investments, with revenue growing 35%. The online data storage and file-sharing service provider reports earnings after the market close on Wednesday. Los Altos, Calif.-based Box’s stock is about even with its January IPO price. Shares in Box edged down about half a percent in the stock market today, to near 14 in afternoon trading. Box competes with Microsoft (MSFT)