News 

Dropbox sees IPO price between $16 and $18 per share

“Dropbox, which has 11 million paying users across 180 countries, said that about half of its 2017 revenue came from customers outside the United States” writes Min Read for reuters.com. In its regulatory filing with the Securities and Exchange Commission, Dropbox reported 2017 revenue of $1.11 billion, up 31 percent from $844.8 million, a year earlier.The company’s net loss narrowed to $111.7 million in 2017 from $210.2 million in 2016.
 
Source: reuters.com



Share This:

Related posts