earnings
confidence high
sentiment positive
materiality 0.55
Dropbox Q2 revenue $631.5M, up 0.9% YoY; paying users up 96k QoQ
DROPBOX, INC.
- Revenue $631.5M, +0.9% YoY; ex-FormSwift +1.7%.
- GAAP net income $95.8M ($0.42 diluted EPS) vs $125.6M ($0.45) YoY.
- Non-GAAP net income $170.0M ($0.75 diluted EPS) vs $197.7M ($0.71) YoY.
- Paying users 18.19M, up 96k QoQ; ARPU $139.68 vs $138.32.
- Unlevered free cash flow $283.5M vs $276.4M YoY; cash $1.114B.