Dropbox (DBX) Tops Q2 EPS by 2c

August 8, 2019 4:04 PM EDT

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Dropbox (NASDAQ: DBX) reported Q2 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $401.5 million versus the consensus estimate of $400.91 million.

“Q2 was another solid quarter of execution, highlighted by paying user growth, ARPU expansion, and the launch of a completely reimagined Dropbox experience that brings content, tools, and teams together,” said Dropbox Co-founder and Chief Executive Officer Drew Houston. “We continue to balance growth and profitability while delivering product updates our users find valuable. We’re making great progress on our mission of designing a more enlightened way of working and are excited about the remainder of 2019 and beyond.”

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

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