Cloud Management Company Box’s Quarterly Revenue Jumps 30 Percent

Cloud management company Box Inc’s (BOX.N) 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.

REUTERS

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