Software stock Dropbox Inc (NASDAQ:DBX), which was one of our successful top picks in 2024 , is down 4.2% in the last three days, pulling back to support at the $28 level.
Shares of Dropbox have rallied modestly after reporting Q1 earnings and slightly lifting the low end of its full-year guidance outlook. Still, the company's revenue is declining -1% y/y while losing paid users for two quarters in a row. Meanwhile, rival Box is growing revenue at a high-single-digit pace, indicating market share losses.
Dropbox, Inc. (NASDAQ:DBX ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Peter Stabler - Head, Investor Relations Drew Houston - Co-founder and Chief Executive Officer Tim Regan - Chief Financial Officer Conference Call Participants Steve Enders - Citi Rishi Jaluria - RBC Capital Markets Matt Bullock - Bank of America Alex Nguyen - Jefferies Patrick Walravens - C...
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) today announced financial results for its first quarter ended March 31, 2025. “We've had a productive start to the year improving the Dash user experience and making targeted investments to simplify and strengthen our core FSS product,” said Dropbox Co-Founder and Chief Executive Officer Drew Houston. “More recently, our Spring launch ...
SAN FRANCISCO--(BUSINESS WIRE)--Today, Dropbox, Inc. (NASDAQ: DBX) announced a major update to Dropbox Dash, its universal search and knowledge management product. The improved Dash now features advanced video and image search across connected platforms—and goes beyond search to speed up content creation. Dash now has purpose-built AI tools for writing, analyzing, and summarizing documents from...
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the first quarter ended March 31, 2025 after market close on Thursday, May 8, 2025. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference...
Dropbox's chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” employee through mid-August.
Cloud storage provider Dropbox is facing pressure from an activist investor to end founder control of the company, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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