Dropbox (DBX) Tops Q1 EPS by 6c

May 10, 2018 4:08 PM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Dropbox (NASDAQ: DBX) reported Q1 EPS of $0.08, $0.06 better than the analyst estimate of $0.02. Revenue for the quarter came in at $316.3 million versus the consensus estimate of $308.7 million.

“2018 has already been a banner year for Dropbox, and we\'re proud of our strong first quarter as a public company,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “Growth in paying users and increased adoption of premium plans helped drive first quarter revenue of $316 million, up 28% year-over-year. We continued to add value to our platform with new product features, and enhanced our ecosystem through partnerships with Salesforce and Google. Our team is focused on building a great business for the long-term, and we’re excited for the opportunities ahead of us.”

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



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings

Related Entities

Earnings