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Dropbox crushes Wall Street expectations on earnings, but a key exec is stepping down and the stock is tanking
Dropbox reported its Q2 2018 earnings on Thursday.
Dropbox reported $316 million in quarterly revenue, while analysts expected $308.7 million. The company also reported $0.08 in earnings per share, while analysts expected $0.05.
Drew Houston talks about the company's valuation, how it plans to increase diversity, and how government regulation should work in the tech industry.