Dropbox Q2 2024 Adj EPS $0.60 Beats $0.52 Estimate, Sales $634.50M Beat $629.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dropbox (NASDAQ:DBX) reported Q2 2024 adjusted EPS of $0.60, beating the estimate of $0.52. Sales were $634.50M, surpassing the $629.81M estimate and showing a 1.93% increase from the same period last year.
August 08, 2024 | 8:07 pm
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Dropbox reported Q2 2024 adjusted EPS of $0.60, beating the estimate of $0.52 by 15.38%. Sales were $634.50M, surpassing the $629.81M estimate and showing a 1.93% increase from the same period last year.
Dropbox's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant EPS beat and slight sales beat indicate strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100