Dropbox (NASDAQ:DBX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:04 PM.

Here's what investors need to know about the announcement.

Earnings

Dropbox beat estimated earnings by 16.67%, reporting an EPS of $0.42 versus an estimate of $0.36.

Revenue was up $48.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 11.44% drop in the share price the next day.

Here's a look at Dropbox's past performance:

To track all earnings releases for Dropbox visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.