Dropbox shares surge 17% on better-than-expected results
Dropbox Inc. DBX, +2.16% shares were initially up 17% before settling to 7% in after-hours trading Thursday after the file-sharing service reported fourth-quarter earnings that beat Wall Street estimates. The company also reported jumps in paying users and average revenue per user . Dropbox reported a net loss of $6.6 million, or 2 cents a share, in the quarter, compared with a net loss of $9.5 million, or 2 cents a share, in the year-ago fourth quarter.
#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lesotho leader's wife's murder trial set for March 17The wife of Lesotho’s prime minister, who is charged with murdering her predecessor, will stand trial on March 17
Read more »
17 Fascinating Facts about the Pisces PersonalityAll the ins and outs of being a Pisces
Read more »
If You Can Complete 17/22 Of These Iconic Song Lyrics, You're A True DisneyphileThink you know all the Disney classics? Take our quiz and find out!
Read more »
Ex-Baywatch star Yasmine Bleeth, 51, seen 17 years after quitting HollywoodYasmine Bleeth shot to fame when she played Caroline Holden in Baywatch in the 90s but she quit Hollywood 17 years ago
Read more »