Recap: Dropbox Q1 Earnings - Dropbox (NASDAQ:DBX)

Dropbox DBX reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Dropbox beat estimated earnings by 2.7%, reporting an EPS of $0.38 versus an estimate of $0.37.

Revenue was up $50.80 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.37% drop in the share price the next day.

Here's a look at Dropbox's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.37	0.35	0.33	0.30
EPS Actual	0.41	0.37	0.40	0.35
Revenue Estimate	558.16M	544.39M	524.06M	505.18M
Revenue Actual	565.50M	550.20M	530.60M	511.60M

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.