Box shares surge on better-than-expected results, strong guidance – MarketWatch

Box Inc. on Wednesday became the latest tech company to benefit from a digital transformation accelerated by the pandemic. Shares of the enterprise-software company shares surged in after-hours trading following fiscal second-quarter results that topped Wall Street estimates and strong sales guidance. After initially jumping more than 14% in extended trading, Box shares were last up 7.6%.Box
reported a loss of $7.65 million, or 5 cents a share, compared with a loss of $36.2 mil…

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