Dropbox (DBX) Tops Q2 EPS by 4c

Dropbox (NASDAQ: DBX) reported Q2 EPS of $0.11, $0.04 better than the analyst estimate of $0.07. Revenue for the quarter came in at $339.2 million versus the consensus estimate of $330.9 million.

COO Transition

Dropbox also announced that Dennis Woodside is stepping down as Chief Operating Officer. He’ll remain at the company until early September and serve as an advisor through the end of the year.

For earnings history and earnings-related data on Dropbox (DBX) click here.

You May Also Be Interested In

• L3Harris CEO steps down amid conduct review, shares drop
• Target (TGT) PT Raised to $170 at DA Davidson Ahead of Q2 Earnings
• DA Davidson Reiterates Neutral Rating on Brunswick Corp (BC)