Dropbox reported 18.16 million paying users for the quarter, as compared to 17.9 million for the same period last year. Paying users increased 35,000 quarter-over-quarter. Average revenue per paying user was $139.59, as compared to $138.97 for the same period last year.
Wall Street is seeing a day of gains as all major indices traded in the green around noon in New York, driven by a surprising uptick in unemployment claims prompting speculation over Federal Reserve interest rate cuts.