Dropbox (DBX) Tops Q3 EPS by 2c

Dropbox (NASDAQ: DBX) reported Q3 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $550.2 million versus the consensus estimate of $544.39 million.

“Q3 was another solid quarter with record free cash flow, strong revenue growth, and great progress against our strategic objectives as we focus on delivering more value to our customers and shareholders,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “We shipped several new product experiences to help our customers with today’s challenges of distributed and remote work, and I’m confident in our future as we work toward our vision of building one organized place for content and all the workflows around it.”

For earnings history and earnings-related data on Dropbox (DBX) click here.

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