> >

Pressure Mounts As Dropbox Prepares First Earnings Report

Video Credit: Wochit - Duration: 00:45s - Published < > Embed
News video: Pressure Mounts As Dropbox Prepares First Earnings Report

Wall Street is waiting with bated breath as Dropbox heads into its first quarter as a public company.

Fresh off a successful IPO, Dropbox is preparing its first ever earnings report.

Currently valued at $12.5 billion, Dropbox began trading on the Nasdaq at the end of March.

Analysts say they expect the cloud computing storage company to keep up its momentum "In an environment of increasingly heterogeneous IT environments, rising data volume, and growing emphasis on collaboration, the company remains positioned for continued strong fundamentals... We expect results and guidance to exceed consensus."

KeyBanc analyst Rob Owens


You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest