Dropbox, Inc. Provides Earnings Guidance for the Second Quarter of 2024 and Maintains Earnings Guidance for the Full Year 2024
May 09, 2024 at 05:00 pm EDT
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Dropbox, Inc. provided earnings guidance for the second quarter of 2024 and maintains earnings guidance for the full year 2024. For the second quarter of 2024, the company expects revenue to be in the range of $628 million to $631 million.
For the full year, the company is maintaining its previous guidance for reported revenue to be in the range of $2.535 to $2.550 billion.
Dropbox, Inc. provides tools to help distributed teams prioritize, get organized, and keep work moving securely from anywhere. Its products include Dropbox Passwords, Vault, Computer Backup, Dropbox Sign, DocSend, Dropbox Capture and FormSwift, among others. Dropbox Passwords allows users to sign into Websites and apps by creating and storing usernames and passwords across devices. Dropbox Vault helps secure and organize sensitive information in the cloud. Computer backup automatically syncs folders on a user's computer to the cloud. Dropbox Sign is an e-signature and document workflow platform that enables customers to easily sign, send and receive documents through its intuitive Web and mobile-based interfaces. DocSend is a secure document sharing and analytics platform. Dropbox Capture is an all-in-one visual communication tool that helps team members share their work and ideas asynchronously. Its customers include individuals, families, teams, and organizations of all sizes.