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Dropbox (DBX) Tops Q2 EPS by 5c, CFO Leaves

Go back to Dropbox (DBX) Tops Q2 EPS by 5c, CFO Leaves

Dropbox Announces Fiscal 2020 Second Quarter Results

August 6, 2020 4:03 PM EDT

Revenue of $467.4 Million, Up 16% Year-over-year
Net Cash Provided by Operating Activities of $145.9 Million and Free Cash Flow of $119.8 Million
GAAP Net Income of $17.5 Million

SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its second fiscal quarter ended June 30, 2020.

"Our Q2 results are a testament to our teams hard work supporting our customers in this new environment, said Dropbox Co-founder and Chief Executive Officer Drew Houston. Over the past quarter, we introduced a number of products to help facilitate distributed work, addressing both... More