Dropbox Finally Doesn’t Drop

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Heard on the Street: Dropbox boosted its profitability target and dropped in a buyback plan

The cloud-software company’s fiscal fourth-quarter earnings report late Thursday was a big step in that direction.

The results themselves were the typical beat-and-raise that most cloud companies have long mastered thanks to the strong visibility offered by contracted billings as opposed to lumpy sales. Revenue for the December quarter of $446 million came in ahead of Wall Street’s forecasts, as did the company’s...

 

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Some needs to start a new group, Investors Anonymous.

This is what you do, clear the floor, put in slot machines, table games, and a bingo room. It is the same thing. Get a 100 in one dollar bills and hope for the best.

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