“Our strong Q4 marked the end of an exciting year for Dropbox as we launched our vision for the smart workspace. At $125, the average revenue per paying user was up 5% year-over-year.Īlso read: Dropbox Q3 2019 Earnings Conference Call Transcript At the end of the quarter, Dropbox had around 14.3 million paying customers, which is higher than in the preceding quarter. Revenues up 19%įourth-quarter revenues advanced 19% annually to $446 billion and topped the Street view.
On an unadjusted basis, it recorded a net loss of $6.6 million or $0.02 per share during the period, compared to a loss of $9.5 million or $0.02 per share last year. Dropbox reported adjusted earnings of $0.16 per share for the December-quarter, up from $0.10 per share reported last year and above analysts’ consensus estimate.
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