Dropbox (DBX) Tops Q3 EPS by 8c
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Dropbox Announces Fiscal 2020 Third Quarter Results
November 5, 2020 4:03 PM ESTRevenue of $487.4 Million, Up 14% Year-over-year
Net Cash Provided by Operating Activities of $200.9 Million and Free Cash Flow of $187.0 Million
GAAP and Non-GAAP Operating Income of $30.0 Million and $112.2 Million, Up 261% and 100% Year-over-year
SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its third fiscal quarter ended September 30, 2020.
"In Q3, we saw momentum across the business with strong operating income, profitability, and free cash flow," said Dropbox Co-founder and Chief Executive Officer Drew Houston. "Our margin expansion demonstrates the... More
