May 30, 2018 / 8:07 PM / in 19 days

Cloud storage firm Box reports 20 pct rise in qtrly revenue

May 30 (Reuters) - Cloud software provider Box Inc reported a 20 percent rise in quarterly revenue on Wednesday as more businesses signed up for its service.

Redwood City, California-based Box said its revenue rose to $140.5 million in the first quarter ended April 30, from $117.2 million a year earlier.

Net loss attributable to shareholders narrowed to $36.6 million, or 26 cents per share, from $40.1 million, or 30 cents per share. (Reporting by Arjun Panchadar in Bengaluru; Editing by Maju Samuel)

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