Dropbox (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
