Dropbox rises after company posts first quarterly profit

Analysts polled by Refinitiv had expected 14 cents in adjusted earnings per share on $452.2 million in revenue. However, comparing results against estimates isn't straightforward given that the coronavirus spread during the quarter.

The company reported 14.6 million paying users at the end of the first quarter, up from 14.3 million one quarter ago. Analysts surveyed by FactSet had expected 14.61 million paying users. Average revenue per paying user was $126.30 for the quarter, up from $125 in the fourth quarter. The FactSet consensus was $126.22.

Dropbox enables remote content collaboration, although it has "meaningful" exposure to small and medium-sized businesses, DA Davidson analysts Rishi Jaluria wrote in a note distributed to clients on Monday.

Can't imagine why?

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Lyft shares jump 15% as company reports more riders than last year despite coronavirusLyft shares rise as company reports more riders than last year despite coronavirus. Do you guys think you can pass my resume on to a few of the hedge funds? You can sell me as a mix between Mafee & Taylor andrewrsorkin Rental car stocks should rise nicely since know one is going to take an Urber/Lyft or Taxi in this environment.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »