Net loss was $345.8 million compared with a net loss of $6.6 million a year ago. Revenues for the quarter grew 13% to $504.1 million, ahead of the market’s forecast of $498 million. The company is going strong on acquisitions and product upgrades, but competition continues to remain brutal in the market. ĭropbox (Nasdaq: DBX) recently announced its fourth quarter results that surpassed market expectations.
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