Categories AlphaGraphs, Earnings, 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
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,