Dropbox, Inc reported a profit increase for the second quarter, surpassing Street estimates. Earnings were $125.60 million or $0.45 per share, up from $110.50 million or $0.34 per share last year. Adjusted earnings were $197.70 million or $0.71 per share, beating analysts’ expectations of $0.63 per share. The company’s revenue decreased by 1.4% to $625.70 million from $634.50 million last year. Dropbox, Inc’s second-quarter earnings summary includes GAAP figures: Earnings of $125.60 million, EPS of $0.45, and revenue of $625.70 million.

Read more at Nasdaq: Dropbox, Inc Q2 Profit Increases, Beats Estimates