01-03-2018 02:35 via feedproxy.google.com

Box is down over 13% after giving disappointing guidance (BOX)

Shares for the enterprise file sharing platform Box were down more than 13% on Wednesday following the company's fourth quarter 2018 earnings.
Box's guidance for the current quarter, which ends April 30, came in below Wall Street expectations.
Earnings for the fourth quarter otherwise met analyst expectations, with $13.67 million in revenue, up 24% from the year before.The cloud storage company Box saw its share slide down the proverbial cliff on Wednesday after reporting its latest quarterly ea
Read more »