Cloud management company Box's quarterly revenue jumps 30 percent

Reuters News
Posted: Aug 31, 2016 4:19 PM

(Reuters) - 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.

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