Box Q4 Earnings Disappoint On Adjustments In Billings
Shares of online storage and file management provider Box (BOX) fell Thursday after its fourth-quarter earnings late Wednesday failed to impress. Box said revenue rose 61% to $62.6 million, above the Wall Street consensus estimate of $58 million. But earnings sparked confusion. Box reported a per-share loss minus items of $1.65. Thomson Reuters initially said the consensus estimate among analysts was a loss of $1.17, thus missing estimates, as was