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Dropbox earnings beat estimates, but shares fall on Q1 guidance

Technology

Dropbox earnings beat estimates, but shares fall on Q1 guidance

VentureBeat - Reuters

(Reuters) — File sharing and storage company Dropbox forecast a drop in current-quarter operating margins from a year earlier, sending its shares down nearly 11 percent in extended trading. The weak margin outlook overshadowed a better-than-expected quarterly profit and revenue, and current quarter …

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