Dropbox Inc. (NASDAQ:DBX) has announced that they have committed $230 million to purchase document workflow and e-0signatiure start-up HelloSign. The acquisition is a way to entice their free users to move into paid subscription as well as expand their reach beyond consumers to enterprise customers. Expanding their products The acquisition […]
Tag: Dropbox Inc (NASDAQ:DBX)
Dropbox Inc (NASDAQ:DBX) Unable To Live Up To The $12 Billion Valuation
Dropbox remains one of the largest Initial Public Offerings (IPO) this year. As mentioned above, the company managed to raise $756 million from the ICO scoring an insane valuation of $12 billion. However, current trends on the company’s stock indicate that the company is unable to justify the valuation. This […]
CEO Drew Houston Reveals That Dropbox, Inc. (NASDAQ:DBX) Was Bootstrapped At Some Stage And Might Have Got Into ‘Zombie Mode.’
Dropbox, Inc. (NASDAQ:DBX) has announced their financial results for the third quarter of 2018 that ended on September. In a statement after announcing the results, Dropbox CEO and Co-founder, Drew Houston indicated that the company delivered a strong execution in the third quarter which was behind their healthy growth and […]
Dropbox Inc. (NASDAQ:DBX) Due For A Bounce Back After Solid Q3 Earnings and Guidance
Dropbox Inc. (NASDAQ:DBX) is turning out to be an interesting play as investors react to the cloud storage company reporting impressive Q3 earnings and full year outlook. The stock could as well surge as the upward momentum is slowly gaining pace after a steep sell-off that begun mid this year. […]
Dropbox Inc (NASDAQ:DBX) Shares Launch on Nice Beat and Raise
Dropbox Inc (NASDAQ:DBX) just hit the wires with its Q3 (Sep) earnings of $0.11 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.06; revenues rose 25.7% year/year to $360.3 mln vs the $352.74 mln S&P Capital IQ Consensus. Non-GAAP operating margin was 12.8% vs […]