About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Dropbox, Inc. (NASDAQ:DBX) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Conference Call Participants Operator Peter Stabler These statements are subject to risks and uncertainties that could cause actual results to differ materially. They are also based on assumptions as of today, and we undertake no obligation to update them as a result of new information or future events. Factors and risks that could cause our actual results to differ materially from these forward-looking statements are set for ...

Dropbox Announces Fiscal 2024 First Quarter Results First Quarter Revenue of $631.3 Million, up 3.3% year-over-year; on a constant currency basis, up 3.2% year-over-year GAAP Operating Margin of 22.7% and Non-GAAP Operating Margin of 36.5% Net Cash Provided by Operating Activities of $175.5 Million and Free Cash Flow of $166.3 Million SAN FRANCISCO, Calif. - May 9, 2024 - Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its first quarter ended March 31, 2024. "In Q1, our core business deli ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongsid ...

Shares of Dropbox (DBX) have gained 0% over the past four weeks to close the last trading session at $23.49, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30.11 indicates a potential upside of 28.2%.The mean estimate comprises nine short-term price targets with a standard deviation of $4.57. While the lowest estimate of $24 indicates a 2.2% increase from the current price lev ...

Investors and founders are busier, showing significant quarterly and yearly growth in future dealmaking metricsSAN FRANCISCO, April 11, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, today released a data analysis showing that investor pitch deck engagement was higher for most of Q1 than all six previous years tracked — including record-breaking 2021 — according to its Pitch Deck Interest (PDI) metrics. Investor activity hit a weekly Q1 record high, spiki ...

NEW YORK--(BUSINESS WIRE)--Half Moon Capital, LLC is releasing its open letter to the Board of Directors of Dropbox (Nasdaq:DBX) and seeks to engage constructively on corrective course. February 28, 2024 Members of the Board, Half Moon Capital, LLC, is a long-term investor in Dropbox, Inc. (“Dropbox” or the “Company”). We have engaged in meaningful discussions with the Company since initiating our investment in June 2022. As paying users of the recently “deemphasized” Family Plan, and shareholders of D ...

Key PointsShares have been plummeting since their earnings report showed further signs of revenue growth slowing. However, the stock is now well below all the refreshed analyst price targets and is looking extremely oversold. Much work remains to be done to turn things around, but in the meantime, this is a bargain worth taking a risk on.5 stocks we like better than DropboxWhen does a falling knife become just too tempting not to try and catch? With the broader equity market surging to record highs on the b ...

Shares of cloud storage company Dropbox (DBX -23.92%) fell as much as 23.1% on Friday after the company reported earnings results. Shares were hitting their low around 3 p.m. ET. Results weren't all that bad for the fourth quarter, but investors are focused on guidance and analyst reactions today. Results and guidance for Dropbox Dropbox reported a 6% increase in revenue to $635 million and net income of $227.3 million, or $0.66 per share. Non-GAAP (adjusted) earnings per share were $0.50. This topped analy ...

Dropbox (DBX) reported fourth-quarter 2023 non-GAAP earnings of 50 cents per share, beating the Zacks Consensus Estimate by 4.17% and increasing 25% year over year.Revenues of $635 million increased 6% year over year and beat the consensus mark by 0.67%.Total annual recurring revenues came in at $2.523 billion, up 0.3% year over year.Quarter DetailsDropbox exited the fourth quarter of 2023 with 18.12 million paying users, marking a sequential decline of roughly 0.05 million. The average revenue per paying u ...