Dropbox (DBX) Tops Q1 EPS by 3c
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Dropbox Announces Fiscal 2020 First Quarter Results
May 7, 2020 4:03 PM EDT
Revenue of $455.0 Million, Up 18% Year-over-year
Net Cash Provided by Operating Activities of $53.3 Million and Free Cash Flow of $25.5 Million
Achieves GAAP Profitability for the First Time
SAN FRANCISCO--(BUSINESS WIRE)-- Dropbox, Inc. (NASDAQ: DBX), the world's first smart workspace, today announced financial results for its first fiscal quarter ended March 31, 2020.
We had a strong first quarter as we rallied together to support our customers and our community during this unprecedented public health crisis, said Dropbox Co-founder and Chief Executive Officer Drew Houston. We delivered healthy growth, record... More
