Workplace-messaging service Slack Technologies on Sept. 4 reported that its net loss for the second quarter of its 2020 fiscal year increased to nearly $360 million, compared to about $32 million in the same period a year ago. Revenue increased by 58% to $145 million and it ended the quarter with more than 100,000 paying customers, reflecting a 37% jump.
Slack also forecast a third-quarter non-GAAP loss of 8 cents to 9 cents a share. The average estimate of sell-side analysts was for a loss of 7 cents a share.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »