Dropbox (DBX) Q2 Earnings Beat Estimates, Revenues Up Y/Y [Yahoo! Finance]
Dropbox, Inc. - Class A (DBX)
Company Research
Source: Yahoo! Finance
Revenues of $634.5 million inched up 1.9% year over year and 1.8% on constant currency (CC) basis beating the consensus mark by 0.77%. The upside was driven by improved performance in self-serve individual plans. Total annual recurring revenues came in at $2.73 billion, up 2.9% year over year. Quarter Details Dropbox exited second-quarter 2024 with 18.22 million paying users, marking a sequential growth of nearly 63,000. The average revenue per paying user was $139.93 compared with $138.94 in the year-ago quarter. Dropbox, Inc. Price, Consensus and EPS Surprise Dropbox, Inc. price-consensus-eps-surprise-chart | Dropbox, Inc. Quote As of Jun 30, 2024, Dropbox had nearly 575K business teams and 35% of paying users were business teams. In the second quarter, Dropbox reported a non-GAAP gross margin of 84.5%, expanding 180 basis points (bps) year over year. In the reported quarter, research and development expenses were $159.6 million, down 0.6% year over year. Sales &
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News
- Why Dropbox (DBX) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Dropbox (DBX) is a Top-Ranked Value Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Why Dropbox (DBX) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Dropbox, Inc. (NASDAQ: DBX) had its price target lowered by analysts at UBS Group AG from $30.00 to $28.00. They now have a "buy" rating on the stock.MarketBeat
- Dropbox, Inc. (DBX) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
DBX
Earnings
- 8/8/24 - Beat
DBX
Sec Filings
- 9/19/24 - Form 144
- 9/19/24 - Form 144
- 9/18/24 - Form 4
- DBX's page on the SEC website