Dropbox, Inc. (NASDAQ:DBX) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET

Company Participants

Karan Kapoor - Head of Investor Relations

Drew Houston - Co-Founder and Chief Executive Officer

Tim Regan - Chief Financial Officer

Conference Call Participants

Rishi Jaluria - RBC Capital Markets

Sonak Kolar - JPMorgan

Steve Enders - Citi

Michael Funk - Bank of America

Eylon Liani - Jefferies

Jacob Staffel - Goldman Sachs

Operator

Good afternoon, ladies and gentlemen. Thank you for joining Dropbox Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] As a reminder, this conference call is being recorded, and will be available for replay from the Investor Relations section of Dropbox website following this call.

I will now turn the call over to Karan Kapoor, Head of Investor Relations for Dropbox. Mr. Kapoor, please go ahead.

Karan Kapoor

Thank you. Good afternoon, and welcome to Dropbox's second quarter 2023 earnings call.

Before we get started, I'd 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 forecasts for our third quarter and fiscal year 2023 and our expectations regarding our revenue growth, profitability, operating margin and free cash flow, as well as our expectations regarding our business, assets, products, strategies, technology, employees, users, demand, industry trends, 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 these 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'll 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 would now like to turn the call over to Dropbox's Co-Founder and Chief Executive Officer, Drew Houston. Drew?

Drew Houston

Thanks, Karan, and good afternoon, everyone. Welcome to our Q2 2023 earnings call.

Joining me today is Tim Regan, our Chief Financial Officer. And I'll first share our business and product highlights from the quarter, and then Tim will review our Q2 financial results and provide guidance for the rest of the year.