Dropbox (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
