Dropbox, Inc. (NASDAQ:DBX) UBS Global Technology and AI Conference December 3, 2024 1:35 PM ET
Company Call Participants
Timothy Regan – Chief Financial Officer
Conference Call Participants
Taylor McGinnis – UBS
Taylor McGinnis
Okay. Hello, everyone, and welcome to the UBS IT and AI conference. So in this session, we have Dropbox’s CFO, Tim. Tim thanks so much for joining us today.
Timothy Regan
You bet, Taylor. Happy to be here.
Taylor McGinnis
Awesome. Perfect. And for those in the audience that don’t know me, my name is Taylor McGinnis, and I cover the application and SaaS base here at UBS. So with that, before I dive in, if anyone has a question in the audience, there is a QR code in front of you. You can just tap that, and I’ll make sure to read off any of those at the end. Perfect.
Awesome. Let’s dive in. Tim, maybe a good place to start would just be at a high level thoughts on what you’re seeing in the demand environment. It sounds like based on some of the comments that you gave last quarter that top of funnel activity remains really strong but you’re still seeing possibly some rightsizing and optimization amongst some of your larger customers. So can you comment on that? And any signs of green shoots or is it still challenging out there?
Timothy Regan
Yes. Good question. I’d say the demand environment has been relatively consistent being stable, similar signs as we’ve been seeing in the past couple of quarters. So I think through some of the positives on the individual side of our business across our Plus and essential SKUs, still seeing some growth in those SKUs. We’ve done some work to improve the mobile experience in particular, and that’s where we’re seeing a lot of our new customers come through
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