Dropbox (DBX) Tops Q1 EPS by 3c

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Dropbox Announces Fiscal 2023 First Quarter Results

May 4, 2023 4:04 PM EDT

First Quarter Revenue of $611.1 Million, up 8.7% year-over-year; on a constant currency basis, up 11.6% year-over-year

Net Cash Provided by Operating Activities of $139.9 Million and Free Cash Flow of $138.0 Million

SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its first quarter ended March 31, 2023.

Were pleased with our financial results in Q1, beating our guidance across all metrics," said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "While the economic backdrop remains tough for our existing... More