Box's Financial Model Is Starting to Bear Fruit
Cloud-based content management platform Box Inc (NYSE: BOX) is gaining small but noticeable traction in its business model. The company reported on the second quarter of its fiscal 2020 year on Aug. 28, and notably, Box recorded slight improvements in its perennial quarterly losses -- in both reported and adjusted number terms. Below, we'll review highlights of the last three months as well as management's perspective on scaling the business in a profitable manner. Note that all comparative numbers in the discussion that follows refer to those of the prior-year quarter.
Data source: Box Inc. EPS = earnings per share.
Image source: Getty Images.
Source Fool.com
