Reports Q4 revenue $643.6M, consensus $638.61M. Paying users was 18.22 million, as compared to 18.12 million for the same period last year. Average revenue per paying user was $140.06, as compared to $138.83 for the same period last year. Paying users decreased by 15,000 paying users quarter-over-quarter. “We delivered solid results in 2024 and made a lot of progress bringing our AI-powered product, Dash for Business, to market and restructuring our core business to be even more efficient,” said Dropbox (DBX) Co-Founder and Chief Executive Officer Drew Houston. “Looking ahead to 2025, we’ll continue with our strategy of scaling Dash, simplifying and strengthening our profitable core business, and integrating Dash and FSS to deliver even greater value to our customers. While still early, the positive feedback from our Dash users has been encouraging, validating the need for practical AI-powered tools that solve real customer pain-points in finding and securing all their content.”
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