Shares of Box fell after the company reported its Q4 2019 earnings.
Shares of Box plummeted as much as 18 percent in after hours trading after the company reported fourth quarter 2019 revenue that missed analyst expectations. The company also reported weak guidance for the next quarter.
div > div.group > p:first-child"> Here are the numbers Box reported compared to Wall Street expectations:In a statement in the earnings release, Box CEO Aaron Levie blamed weak billing results in part on longer sales cycles for some of its bigger deals.
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