Categories AlphaGraphs, Earnings, Technology

DBX Infographic: Everything you need to know about Dropbox’s Q2 2022 results

Cloud service provider Dropbox, Inc. (NASDAQ: DBX) reported stronger-than-expected earnings and revenues for the second quarter of 2022. The company’s user base grew by 8% during the period.

Dropbox Q2 2022 earnings infographic

Second-quarter earnings, excluding special items, dropped to $0.38 per share from $0.40 per share in the corresponding period of last year. Analysts had predicted a slower growth. On a reported basis, net profit was $62 million or $0.17 per share, compared to $88 million or $0.22 per share in the second quarter of 2021.

Meanwhile, revenues increased 8% annually to $572.7 million, which also exceeded the consensus forecast. The top line benefited from an 8% increase in the number of users.


Check this space to read management/analysts’ comments on Dropbox’s Q2 results


“We made great progress this quarter, enhancing performance and functionality in our core FSS product, releasing additional security and data protection capabilities, and expanding workflows, like Capture and Replay. We believe we’re operating from a position of strength to deliver value to shareholders, thanks to strong profitability and improved customer retention,” said Dropbox’s CEO Drew Houston.

Prior Performance

  • Dropbox (DBX) Q1 2022 earnigns infographic
  • Dropbox Q4 2021 earnings infographic
  • Dropbox reports Q2 2021 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

STZ Earnings: All you need to know about Constellation Brands’ Q2 2025 earnings results

Constellation Brands, Inc. (NYSE: STZ) reported its second quarter 2025 earnings results today. Net sales grew 3% year-over-year to $2.91 billion. Comparable sales growth was also 3%. Net loss attributable

Domino’s may report mixed Q3 results amid weakness in international business

The financial performance of Domino’s Pizza, Inc. (NYSE: DPZ) has been broadly stable in the recent past despite the inflation-induced strain on consumer’s spending power. While sales benefitted from its

What to look for when Delta Air Lines (DAL) reports Q3 2024 earnings results

Shares of Delta Air Lines (NYSE: DAL) were down over 2% on Wednesday. The stock has gained 14% over the past one month. The airline is scheduled to report its

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top