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Dropbox reports Q4 adjusted EPS 50c, consensus 48c
The Fly

Dropbox reports Q4 adjusted EPS 50c, consensus 48c

Reports Q4 revenue $635M, consensus $631.13M. “I’m encouraged by the progress we made in 2023 despite facing headwinds in Q4,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “We improved the overall profitability of the core business, while investing in growth initiatives with new AI-powered product experiences like Dash. Looking ahead, we’ll continue to focus on driving cash flow and improving efficiency in our core FSS business, while making strategic investments to capitalize on the new market opportunity that AI presents.”

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