![]() ![]() As Dropbox operates in an area of technology that we see as unlikely to grow rapidly, we concur with management’s focus on cash flow generation and profitability. On the profitability front, Dropbox reported a 20-basis-point adjusted operating margin expansion to 29.9% from 29.7% a year ago. With Teams users using Dropbox’s collaboration tools along with its storage capabilities, we see them as stickier than individuals using Dropbox purely for content storage. Dropbox’s Teams plan, designed for business users, continued to see strong adoption with roughly 35% of Dropbox’s paying users using the Teams plan. Dropbox’s average revenue per user, or ARPU, for the fourth quarter decreased year over year to $134.52 from $134.78 with unfavorable foreign exchange movements driving the decline. As mentioned above, we are impressed by Dropbox’s ability to eke out solid top-line growth amid a tough macroenvironment where many customers and businesses are rethinking their technology spending. Sync includes innovative data privacy protection features designed to limit how much of your data we (or anyone else) can access. Dropbox continued to face foreign currency headwinds, the firm’s top-line growth on a constant currency basis was around 9%. Dropbox’s free version offers 2GB of storage space and is a great fit for users who just need to store smaller files and access basic file-sharing and collaboration tools. Revenue for the fourth quarter clocked in at $599 million, up 6% year over year. With shares trading flat after hours, we view Dropbox as fairly valued. Look for files you no longer need and can remove from your computer. You need to upgrade to a paid plan for that now (or install their software on your computer). If Dropbox isnt syncing your Artisan backups, follow these steps to troubleshoot. With a broader set of offerings, we believe the firm can unlock greater cross-selling opportunities along with more venues for new customers to land within Dropbox’s suite of offerings. Dropbox no longer automatically syncs your photos. We continue to have a positive view of Dropbox’s transition away from commoditized cloud storage by incorporating more content collaboration products into its arsenal. Just drag images, links, or text onto the Facebook icon on your desktop. Despite a tough macroeconomic backdrop, Dropbox’s top line continued to show resilience. DropBook is all about posting things to your Facebook profile. We took a big step towards creating a fully gamified ecosystem, delivering something that no other project has yet delivered in the NFT industry. We are maintaining our $26 fair value estimate for no-moat Dropbox as the firm checked off fiscal 2022 with a strong set of financial results, marginally above our expectations. First Edition Collector’s Dropbook Launch. 3.2 Crash with nvidia-drivers 3.3 Dont show Dropbox icon on KDE/Plasmas systray 3.4 ImportError: libffi.so.6: cannot open shared object file: No such. ![]()
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