Box Q3 results in line with market estimates

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Box Q3 results in line with market estimates.
Box reported its financial results for the third quarter of fiscal 2018 on Wednesday.

While the results were largely in line with market estimates, Box shares fell in after-hours trading.

The cloud content management company reported a non-GAAP operating loss of $17 million, or 13 cents per share. By comparison, the company posted an operating loss of $17.3 million, or 14 cents per share, a year earlier. Its revenue came to $129.3 million, up 26 percent year-over-year.

Wall Street analysts were expecting on average a net loss of 13 cents per share on revenue of $128.64 million.



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Box Q3 results in line with market estimates