Dropbox, Inc. announced on Thursday that its revenue for the fourth quarter of the 2024 fiscal year increased 1.4% to $643.6 million, compared with a similar quarter a year ago.Net income dropped to $102.8 million from $227.3 million last year, translating to diluted earnings per share of $0.34...
During this week, a slew of companies from across the globe are expected to release their latest quarterly results, with Chinese giants in the center of happenings.Alibaba, which surged over 68% on an annual basis, is to unveil its financial report on February 20, with analysts seeing the company's...
Dropbox, Inc. announced on Thursday that its revenue for the third quarter of the 2024 fiscal year increased 0.9% to $638.8 million, compared with a similar quarter a year ago.Net income dropped to $106.7 million from $114.1 million last year, translating to diluted earnings per share of $0.34....
Dropbox Inc. announced plans to reduce its global workforce by approximately 20% on Wednesday, aiming to realign its team structure with long-term growth goals and improve profitability.The company expects the layoffs to result in cash expenditures between $63 million and $68 million, primarily...
Dropbox Inc. booked $634.5 million in revenue during the second quarter of fiscal 2024, rising by 19% compared to the same period a year ago, the company announced on Thursday.Net income skyrocketed by 155.7% to $110.5 million during the reported quarter, while its diluted earnings per...
Dropbox Inc. booked $631.3 million in revenue during the opening quarter of fiscal 2024, rising by 3.3% compared to the prior-year trimester, the company announced on Thursday.Net income skyrocketed by 91% to $132.3 million during the reported quarter, while its diluted earnings per share...
The shares of Dropbox sank over 14% on premarket trading on Friday after the company provided disappointing guidance for its first quarter of 2024.
While surpassing expectations for earnings per share (EPS) and revenue, the estimated revenue range for the initial quarter of 2024 falls...
Dropbox Inc. revealed its earnings report for the closing quarter of 2023 on Thursday, noting a jump of 6% in its revenue to $635 million, compared to the same period of last year. The number of paying users increased by nearly 2% to reach 18.1 million.
However, the company's GAAP net earnings...
Dropbox, Inc. said on Thursday that its revenue in the third quarter of 2023 surged 7.1% year on year to $633 million.
GAAP net income rose by 37.1% year on year to $114.1 million, while GAAP diluted net earnings per share in the three-month period stood at $0.33. The number of paying users...
Dropbox, Inc. said on Thursday that its revenue in the second quarter of 2023 surged 9% year on year to $622.5 million.
GAAP net income dropped 30% year on year to $43.2 million, with the company attributing the decline to "expenses related to the reduction in workforce" such as severance and...
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