Benzinga | Aug 6, 2020 04:06PM EDT

Dropbox Q2 Adj. EPS $0.22 Beats $0.17 Estimate, Sales $467.40M Beat $465.29M Estimate

Dropbox (NASDAQ:DBX) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.17 by 29.41 percent. This is a 120 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $467.40 million which beat the analyst consensus estimate of $465.29 million by 0.45 percent. This is a 16.41 percent increase over sales of $401.50 million the same period last year.