Page 4 - Dropbox Spaces News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Zoom Elevates Platform Experience with Launch of Zoom Apps and Zoom Events – Africa News Wire
za.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from za.com Daily Mail and Mail on Sunday newspapers.
The hybrid workplace - we re all feeling our way, who grasps the whole picture?
diginomica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diginomica.com Daily Mail and Mail on Sunday newspapers.
Share:
Despite its increased importance in the new ‘home office normal, the document storage and cloud segment has been largely ignored compared to the likes of
Zoom Video (NASDAQ: ZM),
DocuSign (NASDAQ: DOCU) and
Last Thursday,
Dropbox (NASDAQ: DBX) showed how much it benefited from the work-from-home trend as it reported better-than-expected fourth-quarter revenue. Quarterly sales topped $500 million for the first time as revenue improved 13% but Dropbox suffered a $400 million real estate hit as it sought to make remote work more permanent.
Fourth quarter
Revenue of $504.1 billion brought in adj anusted net income of $117.9 million, or 28 cents a share. In the same period a year ago, earnings were 16 cents a share on sales of $446 million.
Dropbox, Inc. (DBX) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble.
Dropbox, Inc. (NASDAQ: DBX)
Good afternoon, ladies and gentlemen. Thank you for joining Dropbox s fourth-quarter 2020 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded and will be available for replay from the Investor Relations section of Dropbox s website following this call. I will now turn it over to Mr.
Rob Bradley, head of investor relations for Dropbox. Mr. Bradley, please go ahead.
Rob Bradley
Head of Investor Relations
Thank you, and good afternoon, and welcome to Dropbox s fourth-quarter 2020 earnings call. Today, Dropbox will discuss the quarterly financial results that were distributed earlier. Statements on this call include forward-looking statements, including future financial results, including our goals and expectations regarding future revenue g
Investors should look for continued growth in customers and cash flow.
vimarsana © 2020. All Rights Reserved.