Dropbox (DBX) Tops Q1 EPS by 9c
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Dropbox Announces Fiscal 2024 First Quarter Results
May 9, 2024 4:04 PM EDTFirst Quarter Revenue of $631.3 Million, up 3.3% year-over-year; on a constant currency basis, up 3.2% year-over-year
GAAP Operating Margin of 22.7% and Non-GAAP Operating Margin of 36.5%
Net Cash Provided by Operating Activities of $175.5 Million and Free Cash Flow of $166.3 Million
SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its first quarter ended March 31, 2024.
In Q1, our core business delivered in-line revenue and better than anticipated profitability, said Dropbox Co-Founder and Chief Executive Officer Drew Houston. We recently... More
