Fortune Brainstorm TECH 2016
Box CEO Aaron Levie at Fortune Brainstorm Tech 2016. Tuesday, July 12, 2016. Aspen, Co. Photograph by Kevin Moloney — Fortune Brainstorm TECH

Box Narrows Its Losses as Cloud Customer Base Grows

Updated: Nov 30, 2016 9:25 PM UTC

Box, which provides cloud-based services for content management, reported a 30.7% rise in its quarterly revenue as it continues to increase its customer base.

The company's net loss (box) narrowed to $38.23 million, or 30 cents per share, in the third quarter ended Oct. 31, from $55.1 million, or 45 cents per share, a year earlier.

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Revenue rose to $102.8 million from $78.7 million.