The cloud storage and content management firm reported record quarterly revenues while raising guidance for the full fiscal year.

Significant reduction in Total Cost of Ownership through shared cost of infrastructure. Reduced Implementation and turn around time. ECOSYSTEM CONNECTIVITY: Fosters new value nets; Drives potential new businesses Easy plug in and scalability of new technology acquisition. Leverage cloud to create new business models that promote long term growth and profit MASKED COMPLEXITY: Enables expanded product sophistication . Allows for more end user simplicity. �
Significant reduction in Total Cost of Ownership through shared cost of infrastructure.
Reduced Implementation and turn around time.
ECOSYSTEM CONNECTIVITY: Fosters new value nets; Drives potential new businesses
Easy plug in and scalability of new technology acquisition.
Leverage cloud to create new business models that promote long term growth and profit
MASKED COMPLEXITY: Enables expanded product sophistication . Allows for more end user simplicity.
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Box released its second quarter financial results for fiscal 2017 on Wednesday, narrowly beating market estimates.

The cloud storage and content management firm reported a net loss of 14 cents a share, compared to 28 a share in the second quarter of fiscal 2016. The company reported record quarterly revenues of $95.7 million, an increase of 30 percent from the second quarter of fiscal 2016.

Wall Street was expecting a net loss of 19 cents a share on revenue of $94.65 million.

Billings grew 34 percent year-over-year to $106.5 million, as the company added more than 4,000 new paying customers for the quarter. Box’s paying customer base now stands at 66,000 businesses.

The quarterly results “reflect our clear differentiation as the leading enterprise content platform,” Box CEO Aaron Levie said in a statement. “Our excellent sales execution and traction with new products drove deals with 4,000 new customers and expanded deployments with leaders such as Pfizer, Electronic Arts and Uber.”

Looking ahead to the third quarter, the company expects to report a net loss of 20 cents to 19 cents a share on revenue of about $100 million to $101 million. For the full fiscal year, Box is raising its guidance: Revenue is now expected to be in the range of $394 million to $396 million, raised from previous guidance of $391 million to $395 million. It’s expecting a net loss in the range of 69 cents a share to 67 cents a share.