Box shows strong sales growth in third quarter earnings

Cloud storage company Box reported third quarter earnings after the bell on Wednesday, beating Wall Street expectations with a record $102.8 million in revenue, a 31% increase year-over-year and above predictions of $100.64 million. Adjusted earnings per share showed a loss of 14 cents, better than the negative 19 cents that analysts were forecasting.  The stock traded up 1% in initial… Read More...