Is Dropbox Stock a Buy?
Dropbox's (NASDAQ: DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates by $5.4 million.
Its adjusted net income jumped 75% to $117.9 million, or $0.28 per share, which also cleared expectations by four cents. Those growth rates look solid, so why weren't investors more impressed?
Let's dig deeper into Dropbox's strengths and weaknesses to see if it's still worth buying.
Source Fool.com
