Dropbox (DBX) Tops Q1 EPS by 3c
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Dropbox Announces Fiscal 2019 First Quarter Results
May 9, 2019 4:03 PM EDTRevenue of $385.6 Million, Up 22% Year-over-year
Net Cash Provided by Operating Activities of $63.2 Million and Free Cash Flow of $33.5 Million
SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), a leading global collaboration platform, today announced financial results for its first fiscal quarter ended March31, 2019.
"We kicked off 2019 with a strong Q1, driven by continued paying user growth and ARPU expansion," said Dropbox Co-founder and Chief Executive Officer Drew Houston. "Our 22% top line growth and robust operating margins reflect our efficient go-to-market strategy and operational... More
