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).
Bed Bath & Beyond on Thursday warned investors that bankruptcy is now on the table, as a turnaround effort begun in the third quarter failed to right the firm's financial ship.
Stocks fell broadly on Wall Street and Treasury yields rose after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy to fight inflation.
