Dropbox, Inc. (LON: 0SGO)
Market Cap | 7.84B |
Revenue (ttm) | 1.89B |
Net Income (ttm) | 430.35M |
Shares Out | n/a |
EPS (ttm) | 1.32 |
PE Ratio | 18.23 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,148 |
Average Volume | 2,241 |
Open | 31.06 |
Previous Close | 31.01 |
Day's Range | 30.99 - 31.28 |
52-Week Range | 19.66 - 33.40 |
Beta | n/a |
RSI | 66.07 |
Earnings Date | Feb 14, 2025 |
About Dropbox
Dropbox, Inc. provides a content collaboration platform worldwide. The company’s platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorp... [Read more]
Financial Performance
In 2023, Dropbox's revenue was $2.50 billion, an increase of 7.60% compared to the previous year's $2.32 billion. Earnings were $453.60 million, a decrease of -18.00%.
Financial numbers in USD Financial StatementsNews
Dropbox: Redundant With No Credible Pivots
Box and Dropbox stocks are unloved: what next?
Box and Dropbox stocks have underperformed the market since they went public. Dropbox stock is stuck where it was when it went public in 2018, while Box has jumped by just 37% from its IPO price.
Dropbox CEO is 'fan' of Amazon founder’s 'Memo-First' meeting culture
Dropbox CEO Drew Houston introduced a new meeting style. It involves reading memos before discussions. This method is inspired by Amazon's founder Jeff Bezos. It replaces presentations with written do...
Dropbox Inc (DBX) Highlights Shift in VC Investment Focus in 2024
Dropbox Inc (DBX) Highlights Shift in VC Investment Focus in 2024
VCs prioritize people in an AI-heavy landscape, according to new Dropbox DocSend report
Market context takes back seat to success metrics while "window shopping" VCs look for proven skill set and traction SAN FRANCISCO , Dec. 18, 2024 /PRNewswire/ -- DocSend , a secure document sharing p...
Dropbox in focus as Citi says buyback signals 'shift' in capital structure, allocation
Dropbox (DBX) was in focus on Friday as investment firm Citi said the cloud storage provider's recent $1.2B buyback and $2B debt raise signals a shift. Read for more.
Dropbox Completes New Secured Credit Agreement; Announces $1.2B Stock Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (“Dropbox” or the “Company”) (Nasdaq: DBX), today announced entry into a Credit and Guaranty Agreement providing the Company with up to $2.0 billion in se...
Dropbox, Inc. (DBX) UBS Global Technology and AI Conference (Transcript)
Dropbox to Present at the 2024 UBS Global Technology and AI Conference
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) Chief Financial Officer Tim Regan will participate in a fireside chat at the 2024 UBS Global Technology and AI Conference in Scottsdale, Ari...
Dropbox: This Situation Is A Falling Knife
Dropbox's user growth has nearly halted, with revenue growth sliding to low single digits and customer acquisition faltering, signaling more downside ahead. Dropbox faces stiff competition from Box an...
Dropbox, Inc. (DBX) Q3 2024 Earnings Call Transcript
Dropbox, Inc. (DBX) Q3 2024 Earnings Call Transcript
Dropbox Announces Fiscal 2024 Third Quarter Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its third quarter ended September 30, 2024. “As we've shared over the last year, we're in a transitio...
Tech layoffs continue in October 2024 as Dropbox, Tidal, Meta, and other high-profile companies cut jobs ahead of the holidays
A number of big-name tech companies continued to make job cuts in the month that just ended. October saw job losses in the thousands at some of the industry's biggest players, according to job site la...
Dropbox lays off 20% of its workforce as CEO blames ‘excess layers of management' for stunted growth
Dropbox is dropping a huge chunk of its head count.
Dropbox stock price analysis: why is DBX ailing?
Dropbox (DBX) stock price has been boring since the company went public in 2018. It has remained largely unchanged even as its annual revenue has risen gradually to over $2.5 billion.
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox will lay off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. Dropbox will be making cuts to the parts of its business where t...
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.'s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it's cutting abou...
Dropbox is laying off 20% of its staff
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
Dropbox to Announce Third Quarter 2024 Earnings Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, Novembe...
Introducing Dropbox Dash for Business — AI-powered Universal Search That Finds Anything and Protects Everything at Work
SAN FRANCISCO--(BUSINESS WIRE)--Today, Dropbox, Inc. (NASDAQ: DBX) announced Dropbox Dash for Business—the latest iteration of its AI-powered universal search product—which combines universal search, ...
Coinbase Global, Electronic Arts And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed slightly higher during Tuesday's session. Investors, meanwhile, focused on some notable insider trades.
Dropbox acquires Reclaim, a calendar app that uses ‘AI scheduling' to boost productivity
Reclaim.ai, a Portland, Ore.-based startup that uses AI to help companies prioritize tasks and coordinate schedules with a calendar app, has been acquired by file management giant Dropbox.
Dropbox: Top Line Trends Are Worsening Further
Dropbox posted weak Q2 results that do little to reassure investors that the stock is capable of a rebound. Revenue growth decelerated to 1.8%, which is virtually zero growth as customer additions con...
After Earnings Beat, Dropbox Growth Is Worth Keeping An Eye On
Dropbox has seen slowing growth, but beat earnings estimates last week and reported 18.22 million paying users. The company offers various premium services related to data storage and sharing, investi...
Dropbox Needs Stronger SMB And User Growth Signals, Analysts Say
Dropbox Inc DBX stock is trading higher after the company reported better-than-expected second-quarter financial results Thursday.