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, internet revenue 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 relentless foreign money foundation,
income decreased by 0.6% year-over-year.
“While the macro environment remains fluid, we’re focused on refining our execution and increasing our operating efficiency as we continue to capitalize on the Dash opportunity and create value for shareholders,” stated Dropbox’s CEO Drew Houston.