Benzinga’s after-hours earnings roundup aims to deliver quick details about a company's earnings report, its forward-looking guidance and any other notable details.
The list is handpicked by the reporters on the Benzinga Pro Newsdesk team.
Dropbox (NASDAQ:DBX) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Dropbox beat estimated earnings by 10.81%, reporting an EPS of $0.41 versus an estimate of $0.37.
Companies Reporting Before The Bell
• Palantir Technologies (NYSE:PLTR) is estimated to report quarterly earnings at $0.04 per share on revenue of $417.69 million.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
The year 2021 marked a period when global economies began picking up the pieces following the COVID-19 pandemic that left them crippled and ravaged. Notwithstanding the setbacks, the tech sector extended its gains from 2020 and remains poised to go from strength to strength.
Over the past three months, shares of Dropbox (NASDAQ:DBX) decreased by 13.07%. Before we understand the importance of debt, let us look at how much debt Dropbox has.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.