Dropbox (DBX) Tops Q3 EPS by 8c

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Go back to Dropbox (DBX) Tops Q3 EPS by 8c

Dropbox Announces Fiscal 2020 Third Quarter Results

November 5, 2020 4:03 PM EST

Revenue 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