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Dropbox Q1 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours
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Dropbox Q1 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours
May 9, 2024 1:44 PM

04:23 PM EDT, 05/09/2024 (MT Newswires) -- Dropbox ( DBX ) reported Q1 non-GAAP earnings late Thursday of $0.58 per diluted share, up from $0.42 a year earlier.

Analysts surveyed by Capital IQ expected $0.50.

Revenue in the quarter ended March 31 rose to $631.3 million from $611.1 million a year earlier.

Analysts surveyed by Capital IQ expected $628.6 million.

Shares of the company climbed 2.2% in after-hours trading.

Price: 23.65, Change: +0.51, Percent Change: +2.20

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