• Dropbox results top estimates on higher subscriber additions

    2 monthes ago - By Reuters

    Dropbox Inc's forecast for the current-quarter and results for the second quarter beat Wall Street estimates on Thursday, with the online storage firm earning more from a higher number of paying subscribers.
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  • Dropbox shares fall in spite of solid Q2, COO stepping down

    2 monthes ago - By ZDnet

    When COO Dennis Woodside steps down, he will not be replaced, Dropbox announced, explaining that it will elevate two other senior executives.
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  • Dropbox crushes Wall Street expectations on earnings, but COO Dennis Woodside is stepping down

    Dropbox crushes Wall Street expectations on earnings, but COO Dennis Woodside is stepping down

    2 monthes ago - By Business Insider

    Dropbox shot up 3% Thursday following a beat on Q2 2018 earnings. The company also announced that Chief Operating Officer Dennis Woodside is stepping down from his role.
    Here's what Dropbox reported:
    Revenue for Q2 : Dropbox reported $339.2 billion, up 27% from the year before. Analysts expected $330.9 million.
    Earnings per share Q2 : Dropbox reported earnings per share of $0.11. Analysts expected $0.0.7.
    Paying users: The total number of paying users on Dropbox grew by 2 million from last year, up to 11.9 million. The average revenue per paying user is $116.66, up from $111.19 last...
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  • Dropbox signs up more paying users than expected

    2 monthes ago - By Reuters

    Online file storage firm Dropbox Inc signed up more paying subscribers in its second quarter as a public company than Wall Street was expecting.
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  • Dropbox announces COO Dennis Woodside is leaving as its second quarterly check-in with Wall Street once again outperforms

    Dropbox announces COO Dennis Woodside is leaving as its second quarterly check-in with Wall Street once again outperforms

    2 monthes ago - By TechCrunch

    Back when Dennis Woodside joined Dropbox as its chief operating officer more than four years ago , the company was trying to justify the $10 billion valuation it had hit in its rapid rise as a Web 2.0 darling. Now, Dropbox is a public company with a nearly $14 billion valuation, and it once again showed Wall Street that it's able to beat expectations with a now more robust enterprise business alongside its consumer roots.
    Dropbox's second quarter results came in ahead of Wall Street's expectations on both the earnings and revenue front. The company also announced that Dennis Woodside, who...
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