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home / news releases / DBX - Dropbox Inc. (DBX) Q4 2023 Earnings Call Transcript


DBX - Dropbox Inc. (DBX) Q4 2023 Earnings Call Transcript

2024-02-15 20:35:12 ET

Dropbox, Inc. (DBX)

Q4 2023 Earnings Conference Call

February 15, 2024, 05:00 PM ET

Company Participants

Ishaan Gupta - IR

Drew Houston - Co-Founder and CEO

Tim Regan - CFO

Conference Call Participants

Rishi Jaluria - RBC Capital Markets

Steve Enders - Citi

Michael Funk - Bank of America

Pat Walravens - Citizens JMP

Richard Hilliker - UBS

Mark Murphy - JPMorgan

Eylon Liani - Jefferies

Presentation

Operator

Good afternoon, ladies and gentlemen, thank you for joining Dropbox's Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded and will be available for replay from the Investor Relations section of Dropbox's website following this call.

I will now turn it over to Ishaan Gupta with Dropbox's Investor Relations Team.

Ishaan Gupta

Thank you. Good afternoon, and welcome to Dropbox's fourth quarter 2023 earnings call. Before we get started, I would like to remind you that our remarks today will include forward-looking statements, such as our financial guidance and expectations, including our long-term objectives and forecast for first quarter and fiscal year 2024, and our expectations regarding revenue growth, profitability, operating margin, and free-cash flow, as well as our expectations regarding our business, assets, products, strategies, technology employees, users, demand and the macroeconomic environment.

These statements are subject to risks and uncertainties, that could cause actual results to differ materially. They are also based on assumptions as of today, and we undertake no obligation to update them as a result of new information or future events. Factors and risks that could cause our actual results to differ materially from those forward-looking statements are set forth in today's earnings release and in our quarterly report on Form 10-Q filed with the SEC. We will also discuss non-GAAP financial measures, which are not prepared in accordance with Generally Accepted Accounting Principles. A reconciliation of GAAP and non-GAAP results is provided in our earnings release and on our website at investors.dropbox.com.

I will now turn the call over to Dropbox's Co-Founder and Chief Executive Officer, Drew Houston.

Drew Houston

Thank you, Ishaan, and good afternoon, everyone. Welcome to our Q4 2023 earnings call. Joining me today is Tim Regan, our Chief Financial Officer.

I'll first provide a recap of 2023, share a perspective on our fourth quarter, and then close with an overview of our strategy for 2024. Tim will then go over our financial results for Q4 and fiscal year 2023, as well as provide guidance for Q1 and fiscal 2024.

Let's get started. In 2023, we had two main business objectives. The first was to build AI-powered product experiences centered around organizing all your cloud content. The second was to continue evolving our core FSS offering to provide a seamless product experience for our customers workflows. I'm proud of the work our team accomplished on both of these fronts....

For further details see:

Dropbox, Inc. (DBX) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Dropbox Inc
Stock Symbol: DBX
Market: NASDAQ
Website: dropbox.com

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