Dropbox, Inc. ( DBX ) shares are trading higher after the company reported its second-quarter financial results Thursday. Here's a look at the key figures from the quarter.

The Details: Dropbox ( DBX ) beat analyst expectations on the top and bottom lines with earnings of 60 cents per share on revenue of $634.5 million for the second quarter.

Total ARR was $2.573 billion, an increase of 2.9% from the same period last year and a $17.3 million increase quarter-over-quarter.

Paying users was 18.22 million, as compared to 18.04 million for the same period last year. Average revenue per paying user was $139.93, as compared to $138.94 for the same period last year, and paying users increased by 63,000 quarter-over-quarter.

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“In Q2, we improved the functionality and experience of our core FSS product, and made it easier for our customers to discover, try, and buy everything we have to offer,” said Dropbox ( DBX ) CEO Drew Houston.

“As we navigate the natural pressures of a maturing FSS business, we’re focused on solving our customers’ biggest new pain points in securing, organizing and sharing their content, and are investing in our future bets for AI-powered universal search with Dropbox Dash. As this work continues, we remain committed to operating efficiently and driving improved shareholder returns.”

DBX Price Action: According to Benzinga Pro, Dropbox ( DBX ) shares are up 4.46% after-hours at $22.70 at the time of publication Thursday.

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