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Dropbox Beats Q3 Revenue and EPS Estimates

The Wall Street Journal +1 · ·by G4L

DBX
DBX Dropbox Inc
$32.58 -6.00%
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  1. 1Dropbox recorded Non-GAAP earnings per share of $0.88 in the third quarter.
  2. 2Dropbox achieved a year-over-year revenue growth rate of 20.5%.
  3. 3Dropbox agreed to acquire Tigris Data for approximately $350 million in cash.

So what's the key point?

Dropbox reported earnings per share of $0.88 in the third quarter and grew revenue by 20.5%. The company also agreed to purchase Tigris Data for $350 million.

Source The Wall Street Journal +1 · View original ↗

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