Box Inc. (BOX) Dropped To Over A 2-Month Low After Q1 Report

Box Inc. (BOX) reported a first quarter non-GAAP loss of $0.18 per share after the close Wednesday, compared to the loss of $0.28 per share last year. Analysts expected a loss of $0.24. The company expects to report a second quarter non-GAAP loss of $0.20 to $0.19 and a loss of $0.78 to $0.75 for the full year. The consensus estimates are for losses of $0.22 and $0.84 respectively.

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