Dropbox, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 04:07 pm EDT
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Dropbox, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 550.2 million compared to USD 487.4 million a year ago. Net income was USD 75.6 million compared to USD 32.7 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.08 a year ago.
For the nine months, sales was USD 1,592.4 million compared to USD 1,409.8 million a year ago. Net income was USD 211.2 million compared to USD 89.5 million a year ago. Basic earnings per share from continuing operations was USD 0.54 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.53 compared to USD 0.21 a year ago.
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.
DROPBOX, INC. 
