Dropbox, Inc. (NASDAQ: DBX) has reported a rise in adjusted earnings for the primary quarter of 2025. Revenues decreased barely throughout the three months.
The tech agency, a number one cloud-based doc administration platform, reported adjusted earnings of $0.70 per share for the primary quarter, in comparison with $0.58 per share within the corresponding interval final 12 months. On a reported foundation, web earnings was $150.3 million or $0.51 per share in Q1, in comparison with $132.3 million or $0.39 per share in Q1 2024.
Revenues decreased 1% year-over-year to $624.7 million within the March quarter. On a continuing forex foundation,
income decreased by 0.6% year-over-year.
“Whereas the macro atmosphere stays fluid, we’re targeted on refining our execution and rising our working effectivity as we proceed to capitalize on the Sprint alternative and create worth for shareholders,” stated Dropbox’s CEO Drew Houston.
