Categories AlphaGraphs, Technology
Infographic: Highlights of Dropbox’s (DBX) Q4 2020 earnings report
Cloud service provider Dropbox, Inc. (NASDAQ: DBX) Thursday reported stronger-than-expected earnings and revenues for the fourth quarter of 2020. The company’s stock gained about 2% soon after the announcement.
Fourth-quarter earnings, excluding special items, climbed to $0.28 per share from $0.16 per share in the corresponding period of last year. Analysts had predicted a slower growth. On a reported basis, it was a net loss of $345.8 million or $0.84 per share, compared to a loss of $6.6 million or $0.02 per share last year.
The bottom line benefited from a 13% increase in revenues to $504 million, which also exceeded the consensus forecast.
Read management/analysts’ comments on Dropbox’s Q4 results
Shares of the company closed Thursday’s regular trading higher and continued to gain during the extended session after the announcement.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: Square (SQ) Q4 earnings, revenue beat Street view
Payment solutions provider Square, Inc. (NYSE: SQ) Tuesday reported strong increase in fourth-quarter revenues and earnings. The results also topped the Street view. Fourth-quarter adjusted earnings moved up to $0.32
Key highlights from Intuit (INTU) Q2 2021 earnings results
Intuit Inc. (NASDAQ: INTU) reported second quarter 2021 earnings results today. Total revenue fell 7% year-over-year to $1.6 billion. Net income was $20 million, or $0.07 per share, compared to
Bitcoin is finding favor with major companies but is the risk worth it?
Bitcoin is hot news right now. The virtual currency has always been a topic of debate but since the start of 2021, it has been gaining popularity among analysts and