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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 a loss of $45.8 million on a GAAP basis, and $32.2 million using adjusted metrics. The company… Read More