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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.
In the most recent trading session, Dropbox (DBX) closed at $27.24, indicating a +0.41% shift from the previous trading day.
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.
DBX's growing user base, rising ARPU and expanding AI-powered solutions drive strong engagement and monetization.
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Dropbox (DBX) concluded the recent trading session at $26.39, signifying a +0.42% move from its prior day's close.
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Dropbox's fourth-quarter 2024 results reflect a boost from higher ARPU but struggle with user retention challenges.
Dropbox, Inc. (NASDAQ:DBX ) Q4 2024 Earnings Conference Call February 20, 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 Rishi Jaluria - RBC Capital Markets Steve Enders - Citi Matt Bullock - Bank of America Patrick Walravens - Citizens Bank Sonak Kolar - JP Morgan Alex Nguyen - Jefferies Operator Good afternoon, ladies and gentlemen. Thank you for joining Dropbox's Fourth Quarter 2024 Earnings Conference Call.
Dropbox (DBX) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.50 per share a year ago.