Box (BOX) Shares Skyrocket, What You Need To Know
Shares of cloud content storage and management platform Box (NYSE:BOX) jumped 9.8% in the afternoon session after the company reported first quarter results with revenue narrowly outperforming Wall Street's estimates, while EPS beat by a more convincing margin. On the other hand, its billings unfortunately missed analysts' expectations, and its revenue guidance for next quarter missed Wall Street's estimates. While full year revenue guidance was lowered, it was due to foreign exchange. Constant