Box reported better-than-expected quarterly results on Wednesday, as more customers subscribed to its content-sharing platform.
In its fiscal fourth-quarter report, the cloud storage provider posted an adjusted loss of 26 cents per share on $85 million in revenue.
Analysts had expected Box to report a loss of 29 cents per share on $82 million in revenue, according to a consensus estimate from Thomson Reuters.
The company's shares were up more than 12 percent in after-hours trading Wednesday.
"We achieved higher operating leverage driven by our strong business model and execution, and we remain focused on expanding our customer base, increasing our scale and driving further operational efficiencies," said Aaron Levie, co-founder and CEO of Box, in a statement.