Dropbox (DBX) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Dropbox (DBX) reported non-GAAP earnings of 60 cents per share in second-quarter 2024, beating the Zacks Consensus Estimate by 15.38% and increasing 17.6% year over year. Revenues of $634.5 million inched up 1.9% year over year and 1.8% on constant currency (CC) basis beating the consensus mark by 0.77%. The upside was driven by improved performance in self-serve individual plans. Total annual recurring revenues came in at $2.73 billion, up 2.9% year over year. Quarter Details Dropbox exited second-quarter ...