Box shares down 4% despite what Levie calls “one of our strongest quarters”

Posted by on 30 August, 2017

This 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

Posted Under: Tech News

Social Media

Bulk Deals

Subscribe for exclusive Deals

Recent Post

Archives

Facebook

Twitter

Subscribe for exclusive Deals




Copyright 2015 - InnovatePC - All Rights Reserved

Site Design By Digital web avenue