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Stock impact report

Dropbox Inc (DBX) Q3 2024 Earnings Call Highlights: Navigating Growth and Strategic Shifts [Yahoo! Finance]

Dropbox, Inc. - Class A (DBX) 
Company Research Source: Yahoo! Finance
Paying Users: 18.24 million, with a net addition of approximately 19,000 users. Average Revenue Per User (ARPU): $139.05, compared to $138.71 in the previous year. Gross Margin: 84% for the quarter. Operating Margin: 36.2%, up 20 basis points from the previous year. Net Income: $190 million, a 2% decrease year-over-year. Diluted EPS: $0.60, a 7% increase year-over-year. Cash and Short-term Investments: $891 million. Cash Flow from Operations: $274 million, a 7% increase year-over-year. Free Cash Flow: $270 million, compared to $247 million in Q3 2023. Share Repurchase: Approximately 15 million shares repurchased for $349 million. Warning! GuruFocus has detected 3 Warning Sign with DBX. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Dropbox Inc ( NASDAQ:DBX ) reported a year-over-year revenue increase of 0.9% to $639 million for Q3 2024. The company launched Dropbox Dash fo Show less Read more
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