This post is intended for businesses and other organizations interested... Read more →
Posted by Richy George on 30 August, 2017This post was originally published on this site
Cloud storage company Box reported second quarter earnings after the bell on Wednesday. And although the company beat expectations on revenue and losses, it wasn’t enough to please Wall Street. The stock fell almost 4% in after-hours trading.
It seems that part of the issue related to the company losing its cash flow positive status for the quarter, coming in at a negative $14.7 million. Read More
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