Dropbox Q3 Adj $0.56 Beats $0.49 Estimate, Sales $633.00M Beat $628.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dropbox (NASDAQ:DBX) reported Q3 earnings of $0.56 per share, beating the analyst consensus estimate of $0.49 by 14.29%. This is a 30.23% increase from the same period last year. The company also reported quarterly sales of $633.00 million, beating the analyst consensus estimate of $628.94 million by 0.64%. This is a 7.11% increase from the same period last year.
November 02, 2023 | 8:25 pm
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Dropbox's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance.
Dropbox's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100