- Dropbox delivers another decent and unsurprising quarter beating the top line yet again (Revenue - Actual: $550m vs. Estimate: $544m).
- Dropbox APRU (average revenue per user) and paying user numbers continue to show growth, specifically paying users which increased to 16.49 million.
- Based on a conservative DCF where free cash flow targets are delayed by 1 year, this indicates an intrinsic value of $38.08 per share.
- Management announced the acquisition 'Command E' which is expected to complete in Q4 2021.
For further details see:
Dropbox Delivers Another Impressive Quarter