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Dropsuite Reports Strong Growth with $50M ARR in Q4 2024 Update
Company Announcements

Dropsuite Reports Strong Growth with $50M ARR in Q4 2024 Update

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Invest with Confidence:

An announcement from Dropsuite ( (AU:DSE) ) is now available.

Dropsuite has reported a robust annual recurring revenue (ARR) of around $50 million, demonstrating its strong market presence and growth in the cloud backup industry. This update reflects Dropsuite’s expanding footprint and its commitment to providing reliable services, which is crucial for maintaining its competitive edge and assuring stakeholders of its continued success.

More about Dropsuite

Dropsuite is a partner-centric company specializing in developing secure, scalable cloud backup technologies for businesses of all sizes. The company operates globally with approximately 150 employees, serving over 1.65 million paid users and partnering with more than 780 direct partners across more than 100 countries.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $194.3M

Find detailed analytics on DSE stock on TipRanks’ Stock Analysis page.

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