Dropbox achieved profitability on a GAAP basis since it went public in March 2018, as it reported a net income of $39.3 million, or 9 cents per share, compared to a loss of $7.7 million, or 2 cents, a year earlier. The company said it had 14.6 million paid subscribers at the end of the first quarter, in line with estimates of 14.61 million subscribers, according to research firm FactSet. …read more
Source:: Yahoo Finance
