Dropbox: This Situation Is A Falling Knife

06:29am, Tuesday, 12'th Nov 2024
Dropbox's user growth has nearly halted, with revenue growth sliding to low single digits and customer acquisition faltering, signaling more downside ahead. Dropbox faces stiff competition from Box an
Dropbox's third-quarter 2024 results benefit from an increase in average revenue per paying user.

Why I Sold My Dropbox Shares

07:15am, Friday, 08'th Nov 2024
Dropbox has changed a lot in the last two years and so has my investment thesis.
Dropbox (DBX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.56 per share a year ago.
A number of big-name tech companies continued to make job cuts in the month that just ended. October saw job losses in the thousands at some of the industry's biggest players, according to job site la
Dropbox is dropping a huge chunk of its head count.

Dropbox stock price analysis: why is DBX ailing?

12:03am, Thursday, 31'st Oct 2024
Dropbox (DBX) stock price has been boring since the company went public in 2018. It has remained largely unchanged even as its annual revenue has risen gradually to over $2.5 billion.
Dropbox will lay off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. Dropbox will be making cuts to the parts of its business where t
Dropbox Inc.'s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it's cutting abou

Dropbox is laying off 20% of its staff

09:21am, Wednesday, 30'th Oct 2024
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
The latest trading day saw Dropbox (DBX) settling at $25.79, representing a -1.86% change from its previous close.
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, Novembe
In the most recent trading session, Dropbox (DBX) closed at $26.14, indicating a -0.49% shift from the previous trading day.
Dropbox (DBX) closed at $25.81 in the latest trading session, marking a +1.3% move from the prior day.
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