Brief: Dropbox Inc - In Q4 2022, Determined That There Were Adverse Changes In The Corporate Real Estate Markets Where It Plans To Sublease Office Space
16/02/2023 22:58
Feb 16 (Reuters) - Dropbox Inc DBX.O :
* DROPBOX INC - IN Q4 2022, DETERMINED THAT THERE WERE
ADVERSE
CHANGES IN THE CORPORATE REAL ESTATE MARKETS WHERE IT PLANS TO
SUBLEASE OFFICE SPACE
* DROPBOX-RECORDED ADDITIONAL IMPAIRMENT CHARGES RELATED TO
ITS
CORPORATE OFFICE REAL ESTATE ASSETS OF $162.5 MILLION AND $175.2
MILLION DURING Q4,FY 2022
Further company coverage: DBX.O
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