Dropbox: Q1 Earnings Insights

Dropbox 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.

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.

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:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.39	0.38	0.37	0.37
EPS Actual	0.40	0.43	0.38	0.38
Revenue Estimate	593.69M	585.91M	570.43M	558.95M
Revenue Actual	598.80M	591.00M	572.70M	562.40M

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.

Earnings Calendar