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Recent Articles

Ancient Babylonian Clay Tablet Holds the First Trigonometric Table

Ancient Babylonian Clay Tablet Holds the First Trigonometric Table

August 26, 2017 By Clayton Meason

The CDC Draws Attention To The Spike In Cyclosporiasis Cases

The CDC Draws Attention To The Spike In Cyclosporiasis Cases

August 11, 2017 By Troy G. Bennett

Travis Kalanick Resigns from His Position as Uber’s CEO

Travis Kalanick Resigns from His Position as Uber’s CEO

June 22, 2017 By Troy G. Bennett

Amazon Refunds Parents Whose Children Made Purchases Without Permission

Amazon Refunds Parents Whose Children Made Purchases Without Permission

June 2, 2017 By Clayton Meason

McDonald’s Has Been Quietly Altering Its Vanilla Ice Cream Recipe

McDonald’s Has Been Quietly Altering Its Vanilla Ice Cream Recipe

May 21, 2017 By Jennifer Licata

Washington Post Will Be Expanding Its Newsroom

Washington Post Will Be Expanding Its Newsroom

December 28, 2016 By Troy G. Bennett

Box Falls 15% After Wider-Than-Expected Q4 Net Loss

March 12, 2015 By Gary Wymore

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Box Inc. plunged in mid-morning trade Thursday after the enterprise software firm reported late Wednesday Q4 earning that trailed analyst projections by a wide margin despite better-than-expected quarterly revenue. BOX shares are now down 15.3% at $17.39, at the lower end of the 52-week range of $16.41 – $24.73.

GAAP net loss during the three months ended Jan 31 was $52.9 million, or $2.64 per share, compared to $43.5 million or $3.46 a year ago. The per share result narrowed because of a higher share count.

Excluding one-time items, its non-GAAP operating loss was $1.65 per share compared to a loss of $2.85 a year ago but trailing the Capital IQ consensus of a loss of $1.28 per share.

Revenue grew 61% over year-ago levels to $62.6 million, topping analyst estimates by around $4.61 million.

For the current quarter ending next month, the company is projecting revenue in a range of $63 million to $64 million, beating Wall Street expectations of $61.8 million. For the full fiscal year ending next January, it sees revenue rising to $281 million to $285 million, exceeding the analyst consensus of around $276.9 million.

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Filed Under: Business

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