Dropbox Posts $637.3 Million in Q3 Revenue With Adjusted Earnings of 88 Cents Per Share

Dropbox posted $637.3 million in revenue for the three months through Sept. 30, alongside adjusted earnings of 88 cents per share. Revenue was 0.5% higher than in the year-earlier quarter. Dropbox stock barely moved in after-hours trading Nov. 5, when the company released its third-quarter results. On Nov. 5, Dropbox also agreed to acquire cloud storage company Tigris Data for $350 million, a deal intended to expand its AI cloud offering. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost