Earnings

Dropbox (DBX) earnings Q3 2019

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Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019.

Arun Nevader | CNBC

Dropbox shares bounced around after the company reported better-than-expected third-quarter earnings on Thursday, as investors digested the company’s improvements on some key metrics but widening GAAP losses from a year ago.

Here are the key numbers:

  • Earnings: Excluding certain items, 13 cents per share, vs. 11 cents per share as expected by analysts, according to Refinitiv. On a GAAP basis, the company lost 4 cents per share, higher than the 1 cent per share loss from a year ago.
  • Revenue: $428.2 million, vs. $423.5 million as expected by analysts, according…



Source cnbc.com

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