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Technology

Dropbox quarterly revenue beats estimates

May 7 (Reuters) - Dropbox Inc’s quarterly revenue beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shifting to remote work due to the COVID-19 pandemic.

Revenue rose 18% to $455 million, beating analysts’ average estimate of $452.2 million, according to IBES data from Refinitiv. (Reporting by Munsif Vengattil in Bengaluru; Editing by Vinay Dwivedi)

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