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Shares of Dropbox (NASDAQ:DBX) moved higher in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share increased 81.82% year over year to $0.40, which beat the estimate of $0.33.
Revenue of $530,600,000 higher by 13.52% year over year, which beat the estimate of $524,060,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Aug 05, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/pdw29o8e
Price Action
Company's 52-week high was at $32.17
52-week low: $17.66
Price action over last quarter: Up 31.54%
Company Description
Dropbox provides cloud-based file storage, sharing, and project collaboration services for individuals and, to a lesser extent, enterprise customers. The company was founded in 2007 and offers a browser service, toolbars, and apps to upload, share, and sync files to the cloud that can be accessible across a number of devices and by a multitude of users. Dropbox allows users to store and access documents, videos, and photos.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.