Dropbox: Q1 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Dropbox Inc. (DBX) on Thursday reported first-quarter earnings of $132.3 million.

On a per-share basis, the San Francisco-based company said it had profit of 39 cents. Earnings, adjusted for one-time gains and costs, were 58 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The online file-sharing company posted revenue of $631.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $628.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DBX at https://www.zacks.com/ap/DBX