Dropbox, Inc. (NASDAQ: DBX) reported combined outcomes for the second quarter of fiscal 2025, with adjusted earnings rising and revenues declining modestly.
The tech agency, a number one cloud-based doc administration platform, reported adjusted earnings of $0.71 per share for the second quarter, in comparison with $0.60 per share within the corresponding interval final yr. On a reported foundation, web earnings rose to $125.6 million or $0.45 per share in Q2 from $110.5 million or $0.34 per share in Q2 2024.
In the meantime, second-quarter revenues decreased barely to $625.7 million from $634.5 million within the year-ago quarter. On a relentless foreign money foundation, income was down 1.3% year-over-year.
“We’re seeing early indicators of stability in our Core FSS enterprise, even at extra environment friendly funding ranges. On the identical time, Sprint—powered by AI—continues to construct momentum, with stronger buyer engagement within the final quarter as individuals more and more flip to clever instruments to enhance their work,” stated Dropbox’s CEO Drew Houston.
