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

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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