Dropbox quarterly revenue beats estimates
Aug 8 (Reuters) - Dropbox Inc on Thursday topped Wall Street estimates for revenue for a sixth straight quarter since going public as it added more individual and business customers, while earning more from them.
The company said it had 13.6 million subscribers at the end of three months on June 30, beating analysts' expectation of 13.4 million, according to FactSet.
Average revenue per user rose to $120.48 from $116.66 a year earlier.
Net loss widened to $ 21.4 million, or 5 cents per share, for the second quarter, from $4.1 million, or 1 cent per share, a year earlier.
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https://finance.yahoo.com/news/dropbox-q...01946.html
Aug 8 (Reuters) - Dropbox Inc on Thursday topped Wall Street estimates for revenue for a sixth straight quarter since going public as it added more individual and business customers, while earning more from them.
The company said it had 13.6 million subscribers at the end of three months on June 30, beating analysts' expectation of 13.4 million, according to FactSet.
Average revenue per user rose to $120.48 from $116.66 a year earlier.
Net loss widened to $ 21.4 million, or 5 cents per share, for the second quarter, from $4.1 million, or 1 cent per share, a year earlier.
...
https://finance.yahoo.com/news/dropbox-q...01946.html
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