Box's S-1 update: Revenue climbed toward Q3 2014, losses less severe | ZDNet
Summary
Filed with the U.S. Securities and Exchange Commission on Wednesday, Box provided financial results through the third quarter of its current fiscal year, ending January 31, 2015. Levie had provided a sound bite-sized update during a fireside chat at The Atlantics one-day tech summit earlier this week. Since the S-1 landed in early 2014, the enterprise cloud company has deflected analysis and criticism over severe losses matched by high spending rates as revealed on the paperwork filed with the U.S. Securities and Exchange Commission. When Box updates its filings, "its a little bit of a different story," Levie told The Atlantics Washington editor-at-large Steve Clemons. Additional sales offices have popped up in San Francisco and London with international expansion continuing throughout Europe and soon Asia.
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