Shares of Slack Technologies (NYSE:WORK) decreased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 500.00% year over year to $0.08, which beat the estimate of ($0.01).
Revenue of $273,357,000 up by 35.56% year over year, which beat the estimate of $267,140,000.
Outlook
Earnings guidance hasn’t been issued by the company for now.
Slack Technologies hasn’t issued any revenue guidance for the time being.
Recent Stock Performance
Company’s 52-week high was at $44.57
Company’s 52-week low was at $24.09
Price action over last quarter: Up 7.89%
Company Description
Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.
