Dropbox (DBX) Tops Q1 EPS by 6c

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Dropbox Announces Fiscal 2018 First Quarter Results

May 10, 2018 4:07 PM EDT

Revenue of $316.3 million, Up 28% Year-Over-Year
Net Cash Provided by Operating Activities of $61.8 million and Free Cash Flow of $51.9 million

SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), a leading global collaboration platform, today announced financial results for its first fiscal quarter ended March 31, 2018.

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... More