Dropbox (DBX) Tops Q1 EPS by 5c

Dropbox (NASDAQ: DBX) reported Q1 EPS of $0.35, $0.05 better than the analyst estimate of $0.30. Revenue for the quarter came in at $511.6 million versus the consensus estimate of $505.18 million.

“We kicked off the year with a profitable Q1, along with strong revenue growth and free cash flow,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “We welcomed DocSend to the team, saw great momentum with HelloSign, and continued to make meaningful progress against our 2021 priorities. In this new era of distributed work, we have a big opportunity to deliver more value to our customers and shareholders, and I’m excited for what’s ahead.”

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

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