Box Inc. (BOX) shares rose in the extended session Wednesday after the cloud-storage company topped Wall Street estimates for the quarter. Box shares rose 2.1% after hours, following a 4.5% rise to close the regular session at $18.19. The company reported a third-quarter loss of $40.2 million, or 28 cents a share, compared with $42.9 million, or 32 cents a share, in the year-ago period. The adjusted loss was 6 cents a share. Revenue rose to $155.9 million from $94.8 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of 7 cents a share on revenue of $154.6 million. For the fourth quarter, Box expects adjusted earnings of 2 cents to 3 cents a share on revenue of $163.5 million to $164.5 million, while analysts had forecast 2 cents a share on revenue of $164.2 million.
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