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Dropbox (DBX) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-08 00:10
Dropbox (DBX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this online file-sharing company would post earnings of $0.52 per share when it actually produced earnings of $0.60, delivering a surprise of 15.38%. Over the last four quarters, ...
Dropbox(DBX) - 2024 Q3 - Earnings Call Presentation
2024-11-07 23:24
移 Dropbox 1 Financial Results & Investor Presentation Q3 2024 Safe Harbor Statement This presentation contains forward-looking statements. These statements may relate to, but are not limited to, plans for growth, technological capabilities and new features and products and the long-term financial targets of Dropbox, Inc. ("Dropbox," "we," "us," or similar terms), as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cann ...
Dropbox(DBX) - 2024 Q3 - Quarterly Results
2024-11-07 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 October 30, 2024 Date of Report (date of earliest event reported) DROPBOX, INC. (Exact name of Registrant as specified in its charter) Delaware 001-38434 26-0138832 (State or other jurisdiction of incorporation) (Commission File Number) (I. R. S. Employer Identification No.) 1800 Owens St. San Francisco, California 94158 (Address of principal ...
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
CNBC· 2024-10-30 14:43
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC's @Work conference in San Francisco on November 4, 2019. Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a "transitional period" as its file sync and share business and its Dash artificial-intelligence search feature mature, Houston wrote. "Navigating this transition while maintaining our current structure and investment levels is no longer sus ...
Dropbox is laying off 20% of its staff
TechCrunch· 2024-10-30 13:21
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a "transitional period." In a letter to staff, Houston said that the reduction in headcount would impact 528 people. "As CEO, I take full responsibility for this decision and the circumstances that led to it, and I'm truly sorry to those impacted by this change," he wrote. Affected employees will receive severance, equity, and transition payment, as well as certain healthcare and benefits and job placement ...
Dropbox (DBX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-23 23:20
Dropbox (DBX) closed at $25.79 in the latest trading session, marking a -1.86% move from the prior day. This move lagged the S&P 500's daily loss of 0.92%. On the other hand, the Dow registered a loss of 0.96%, and the technology-centric Nasdaq decreased by 1.6%.The online file-sharing company's shares have seen an increase of 5.42% over the last month, surpassing the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 2.68%.The investment community will be paying close attention to the ...
Dropbox (DBX) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-16 23:21
Dropbox (DBX) closed the most recent trading day at $26.14, moving -0.49% from the previous trading session. This change lagged the S&P 500's 0.47% gain on the day. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. The the stock of online file-sharing company has risen by 6.66% in the past month, leading the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48%. The investment community will be paying close attention to the earnings performance of Dropbox in ...
Dropbox (DBX) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-01 23:21
Dropbox (DBX) closed the latest trading day at $25.05, indicating a -1.49% change from the previous session's end. This change lagged the S&P 500's 0.93% loss on the day. Elsewhere, the Dow saw a downswing of 0.41%, while the tech-heavy Nasdaq depreciated by 1.53%. The online file-sharing company's shares have seen an increase of 1.15% over the last month, not keeping up with the Computer and Technology sector's gain of 2.77% and the S&P 500's gain of 2.17%. The investment community will be paying close att ...
Dropbox (DBX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-25 23:20
The latest trading session saw Dropbox (DBX) ending at $24.82, denoting a -0.44% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.04%. The online file-sharing company's stock has climbed by 2% in the past month, exceeding the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95%. The investment community will be closely mon ...
Dropbox (DBX) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-19 23:21
In the latest trading session, Dropbox (DBX) closed at $24.47, marking a -0.08% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.7%. On the other hand, the Dow registered a gain of 1.26%, and the technology-centric Nasdaq increased by 2.51%. Shares of the online file-sharing company witnessed a gain of 0.66% over the previous month, beating the performance of the Computer and Technology sector with its loss of 1.45% and underperforming the S&P 500's gain of 1.27%. T ...