Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Cloud Storage Company Box Raises Full-Year Forecast For Second Time


Ron Burgundy
 Share

Recommended Posts

(Reuters) - Cloud storage provider Box Inc reported a better-than-expected rise in quarterly revenue and raised its full-year revenue forecast for the second time as more customers subscribed to its content-sharing platform. Box expects full year revenue of $295 million to $297 million, up from $286 million to $290 million, it said in a statement on Wednesday. Analysts on average were expecting revenue of $289.6 million, according to Thomson Reuters I/B/E/S. Shares of the company, whose customers include AstraZeneca Plc , General Electric Co and Chevron Corp , rose 2 percent in extended trading.

 

View the full article

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share