Wednesday, August 30, 2017

Box reports Q2 revenue of $122.9M, up 28% YoY, vs. $124.3M expected, on operating loss of $39M, or 32% of revenue, compared to 40% a year ago (Stephanie Condon/ZDNet)

Box reports Q2 revenue of $122.9M, up 28% YoY, vs. $124.3M expected, on operating loss of $39M, or 32% of revenue, compared to 40% a year ago (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Box reports Q2 revenue of $122.9M, up 28% YoY, vs. $124.3M expected, on operating loss of $39M, or 32% of revenue, compared to 40% a year ago  —  However, after two quarters of achieving positive free cash flow, Box reported that for Q2 free cash flow was negative $14.7 million.



http://ift.tt/2vG43Gp

No comments:

Post a Comment