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Cloud management company Box's quarterly revenue jumps 30 percent

Business Insider UK
Updated
Online data storage provider Box Inc Co-Founder and CEO Aaron Levie (C) rings the opening bell to celebrate his company's IPO at the New York Stock Exchange January 23, 2015. REUTERS/Brendan McDermid
Online data storage provider Box Inc Co-Founder and CEO Aaron Levie (C) rings the opening bell to celebrate his company's IPO at the New York Stock Exchange January 23, 2015. REUTERS/Brendan McDermid

Thomson Reuters

(Reuters) - Cloud management company Box Inc's quarterly revenue jumped 30.3 percent as the company added customers.

Its net loss narrowed to $38.1 million, or 30 cents per share, in the second quarter ended July 31 from $50.2 million, or 42 cents per share, a year earlier.

Revenue rose to $95.7 million from $73.5 million.

(Reporting by Narottam Medhora and Aishwarya Venugopal in Bengaluru; Editing by Kirti Pandey)

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