Slack posts huge loss in first earnings report as public company

Slack posts huge loss in first earnings report as public company

Slack Technologies forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on Wednesday. While the company posted a revenue of $145 million, beating estimates of $141.3 million, the net loss ballooned to $359.6 million from $31.9 million a year earlier.

Timothy
Timothy
Top in Tech
Get the App