Dropbox beat estimates in Q1 with first-ever net income of $39.3M on sales of $455M, up 18% YoY; number of paying customers rose to 14.6M from 13.2M a year ago
Dropbox Inc. reported its first-ever net income, in a quarter when demand for cloud software was bolstered by a shift to working from home.
Dropbox gave 3 top execs stock worth $190M in 2017: CEO Drew Houston got $109.6M, co-founder Arash Ferdowsi got $46.7M, engineering VP Quentin Clark got $34.1M
Dropbox Inc. granted about $190 million in stock awards to three top executives last year as the file-sharing company prepared for an initial public offering.
Dropbox says it is now cash-flow positive but not profitable, not in rush to IPO
Drew Houston said at the Bloomberg Technology Conference that the company is cash-flow positive. — Since attaining a $10 billion valuation from investors in 2014, Dropbox Inc. has become a symbol of...