Box's problem in a nutshell: > The company's operating expenses grew $23 million (33%) from last year's quarter, to $94 million, while revenue grew $24 million

Box's problem in a nutshell: > The company's operating expenses grew $23 million (33%) from last year's quarter, to $94 million, while revenue grew $24 million (61%) to $63 million. That's barely $1 in additional revenue for every $1 in additional operating expenses.