Dropbox reports Q4 adjusted EPS 40c, consensus 39c

Reports Q4 revenue $598.8M, consensus $593.69M. "2022 was a solid year for Dropbox amidst a challenging macroeconomic environment," said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "We increased our profitability and free cash flow and continued to use M&A as an engine for growth, welcoming FormSwift to Dropbox. Looking ahead to 2023, we remain focused on executing against our strategic objectives, improving our operational efficiency, and continuing to leverage advancements in AI and ML into our product roadmap as we work towards our mission of designing a more enlightened way of working."