The coronavirus pandemic has favored the business of companies that offer cloud-based solutions, to support teleworking, distance education and even new forms of leisure.

One of those companies is Dropbox , which during the second quarter of 2020 increased its revenue by 16% to $ 467.4 million . It no longer reports a loss, but a net gain of $ 17.5 million GAAP (93.2 million non-GAAP). Earnings per share are $ 0.04 GAAP and $ 0.22 non-GAAP.

“Our second quarter results are a testament to the hard work of our teams to help our clients in this new environment”, states Drew Houston, CEO and co-founder of Dropbox.

“During the last quarter, we introduced a series of products to help facilitate distributed work, addressing personal and team use cases,” Houston analyzes. «With strong revenue growth, strong margin expansion, and continued GAAP profitability, we remain confident in the resilience of our business.»

Right now Dropbox has 15 million paying users . A year ago there were 13.6 million. The average income for these types of users is $ 126.88.

Furthermore, accumulates half a million teams in Dropbox Business , of which 450,000 use the new desktop app.

The test volume of the individual and group plans was 20% higher in Q2 than in the precoronavirus era. And usage of HelloSign eSignatures and the API increased 25% compared to Q1, as did the HelloFax tests.