Box Drops 15% After Reporting Strong Revenue Growth, Wider Than Expected Loss

 Update: Box’s shares have recovered somewhat, and are now down around 10 percent, instead of 15 percent. The chart, however, remains rough: Today following the cessation of normal trading, Box announced its fiscal fourth-quarter financial performance, including revenue of $62.6 million, and an operating loss of $45.8 million on a GAAP basis, and $32.2 million using adjusted metrics.… Read More