Dropbox shares rise after upbeat results, share buyback plan

Dropbox shares rise after upbeat results, share buyback plan

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-dropbox-results/dropbox-shares-rise-after-upbeat-results-share-buyback-plan-idUSKBN20E2UZ

Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.

Dropbox shares rise after upbeat results, share buyback plan

Feb 21, 2020, 3:23am UTC
https://www.reuters.com/article/us-dropbox-results/dropbox-shares-rise-after-upbeat-results-share-buyback-plan-idUSKBN20E2UZ >Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.