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Dropbox Inc   (DBX)
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Profits Climbed by 21.05 % at the Dropbox Inc in the third quarter of 2022

DBX delivered third quarter of 2022 operating surplus of $89.3 millions

Published 2022-11-06T20:41:22+00:00
Goran Soko / CSIMarket.com Contributer

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsRevenue in the fiscal span ending September 30 2022 increased by 7.415 % to $591.00 millions in relative to to $550.20 millions on a year-over-year basis, the company recorded bottom-line growth of 21.05 % to $0.23, as relative to at $0.19 in the prior year reporting season.

In contrast to the Q2 Revenues advanced by 3.195 % from $572.70 millions and bottom-line grew by 35.29 % from $0.17 per share.


Earnings of $83.200 millions in the third quarter of 2022 increased by 10.05 % from net earnings of $75.600 millions reported in the third quarter of 2022 a year ago. Dropbox Inc also emphasized it's improving profit margins, where net margin rose to 14.08% in third quarter of 2022, and operating margin edged up to 15.11%.
Operating earnings, however, rose 15.52% to $89.3 millions.

Dropbox Inc is expected to report next financial results on February 17, 2023.


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Other DBX's Earnings Reports

Dropbox Inc reported second quarter 2022 earnings

Dropbox Inc reported first quarter 2022 earnings

Dropbox Inc reported fourth quarter 2021 earnings

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