Dropbox is profitable, growing, and buying back stock.
A lot of software-as-a-service (SaaS) companies are having a hard time transitioning from growth to profits. Dropbox (DBX 2.34%) isn't one because it's been profitable for years and continues to grow the business steadily. In the video below, Travis Hoium covers why the growth story is still intact for Dropbox.
*Stock prices used were end-of-day prices of May 7, 2023. The video was published on May 8, 2023.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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