Canaccord Genuity Reiterates Buy on Box (BOX) Following a Positive 4Q

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Box Announces Record Fiscal Year 2016 Revenue of $303 Million, Up 40% Year-Over-Year

March 9, 2016 4:05 PM EST

Record Quarterly Revenue of $85 Million, up 36% year-over-year Record Quarterly Billings of $130 Million, up 59% year-over-year Positive Cash Flow from Operations of $5 Million in the fourth quarter

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), a leading enterprise content management platform, today announced financial results for the fiscal fourth quarter and full fiscal year 2016, which ended January 31, 2016.

Fiscal 2016 was a momentous year for Box with record revenue of more than $300 million. With new... More