December 4, 2019 / 9:22 PM / 5 days ago

Slack beats quarterly revenue estimates

Dec 4 (Reuters) - Slack Technologies Inc beat Wall Street estimates for quarterly revenue on Wednesday as more companies subscribed to its messaging platform.

The company’s revenue jumped nearly 60% to $168.7 million in the second quarter ended Oct.31, above analysts’ average estimates of $156.0 million, according to IBES data by Refinitiv.

However, net loss attributable to common stockholders widened to $89.2 million from $47.7 million a year earlier. (Reporting by Neha Malara in Bengaluru; Editing by Shailesh Kuber)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below