Box Inc., a cloud storage provider, posted a 42.8% increase in quarterly revenues as more customers subscribed to its content-sharing platform. Box’s revenue jumped to $73.5 million in the 2nd quarter ended July 31 from $51.4 million last year. Net loss attributable to shareholders improved to $50.2 million from $39.4 million as operating expenses rose.
The material has been provided by InstaForex Company – www.instaforex.com
Prime News: Cloud storage company Box’s revenue rises 43 pct
