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0.0015276211950393 0.00281848928974054 0.0107102593010145 -0.00394588500563699 0.00563697857948128 0.000563697857948028 0.0191657271702367 0.0176493799323562
Stock impact report

Cloud Storage Company Box Jumps on Record Revenue, Earnings Beat [TheStreet.com]

Box, Inc. Class A (BOX) 
Last box, inc. class a earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
iStock/TheStreet Shares of  cloud storage company Box Inc. ( BOX )  were up 3% in trading Thursday after the company topped analysts' earnings expectations and  reported record revenue. The company grew its paying customer base to 90,000 from 87,000 on its way to generating record revenue of $155.9 million, yielding an adjusted loss of 6 cents a share.  Analysts, on average, were expecting the company report a loss of 7 cents on revenue of $154.6 million.  In the third quarter, we delivered solid revenue growth and continued to drive operational efficiencies, and we're on track to deliver our first quarter of non-GAAP profitability in Q4, said Dylan Smith, co-founder and chief financial officer of Box. With more than 40% growth in deals worth more than $100K and our attach rate for add-on products increasing to over 80% of these deals, we are capturing our market opportunity while driving continued leverage for Show less Read more
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