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June 2, 2016 12:57 am GMT

Box down 7% despite strong quarter

box-earningsEnterprise cloud storage company Box posted its first-quarter earnings after the bell on Wednesday. Despite beating analyst expectations on revenue and earnings per share, the stock dropped 12.89 percent then recovered to an 8 percent loss in after-hours trading after investors were disappointed with the billings numbers. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q1_64JJBsGI/

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