Strong subscription growth drives Slack's earnings beat; shares rise

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Slack Technologies Inc forecast disappointing current-quarter revenue and profit on Wednesday as its messaging platform wrestles with stiff ...

REUTERS: Slack Technologies Inc beat Wall Street estimates for quarterly revenue and profit as it signed on larger companies to its workplace communication platform, sending its shares up nearly 3per cent in trading after the bell.

"It may take some time for Slack to shake off the 'Microsoft overhang', but this is a step in the right direction to dispute that narrative with investors," said Rishi Jaluria from research firm DA Davidson & Co. The company forecast fourth-quarter loss between 6 cents and 7 cents per share. Analysts on average were expecting a loss of 6 cents per share, according to IBES data from Refinitiv.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 6. in İD

Indonesia Berita Terbaru, Indonesia Berita utama