Canaccord Genuity Cuts Price target on Box (BOX) to $18 on Continued Pullback
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Box Announces Strong Second Quarter Fiscal 2016 Results
September 9, 2015 4:02 PM EDTSurpassed 50,000 customers globally
LOS ALTOS, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), the leading enterprise content management and collaboration platform, today announced financial results for the second quarter of fiscal 2016, which ended July 31, 2015. During the quarter, Box surpassed 50,000 customers globally, adding or expanding deployments with thousands of companies, including Airbnb, Alcoa, Cushman & Wakefield, Lionsgate, Limited Brands, Uber, and IBM.
"We delivered another strong quarter with year over year revenue growth of 43% and billings growth of 45% driven by new and expanding customer deployments," said Aaron Levie,... More
