Dropbox is sinking even though it just beat Wall Street's targets in its first-ever earnings report (DBX)

The file sharing company Dropbox reported earnings for the first time ever on Thursday.
The company beat Wall Street's expectations on both revenue and earnings per shares but didn't give guidance for the upcoming quarters.
Dropbox went public at the end of March and is now valued at $12.5 billion on the public markets.
Analysts had high expectations of Dropbox. They're looking for modest revenue gains, and also want to see growth in key areas like paid users.
Dropbox beat Wall Street's Q1 targe