Dropbox (DBX) Tops Q2 EPS by 2c
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Dropbox Announces Fiscal 2019 Second Quarter Results
August 8, 2019 4:03 PM EDTRevenue of $401.5 Million, Up 18% Year-over-year
Net Cash Provided by Operating Activities of $128.8 Million and Free Cash Flow of $95.1 Million
SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), a leading global collaboration platform, today announced financial results for its second fiscal quarter ended June 30, 2019.
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... More