The cloud-storage company beat Wall Street's expectations in its first earnings report as a public company. Dropbox generated $316 million in revenue in Q1, and paying users climbed to 11.5 million from 9.3 million in the same quarter last year. Now the company needs to show investors how it will get closer to profitability, says Jeff Tomasulo, CEO at Vespula Capital. For the full interview, [click here](https://cheddar.com/videos/dropbox-beats-in-first-earnings-report-since-going-public).

Share:
More In Business
Can AI and ChatGPT Replace Jobs?
Will AI and ChatGPT replace jobs in the future? Cheddar News takes a closer look at its capabilities and what jobs the technology could potentially replace.
Need2Know: February 6, 2023
Thousands killed in Turkey earthquake, Ohio train derailment danger, and Europe bans Russian diesel imports. Here is everything you Need2Know for Monday, February 6, 2023.
Load More