Slack Announces Fourth Quarter and Fiscal Year 2020 Results
Slack Technologies, Inc. (WORK)
Last slack technologies, inc. earnings: 3/12 04:15 pm
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Source: Business Wire
Q4FY20 total revenue of $181.9 million up 49% year-over-yearFY20 total revenue of $630.4 million up 57% year-over-year70 paid customers with annual recurring revenue over $1 million, up from 39 year-over-year SAN FRANCISCO--(BUSINESS WIRE)--Slack Technologies, Inc., (NYSE: WORK) today reported financial results for its fourth quarter and fiscal year ended January 31, 2020.Management Commentary:“We continue to see significant momentum in our enterprise business and finished the year with 70 customers spending more than $1 million annually on Slack, up 79% year-over-year,” said Stewart Butterfield, Chief Executive Officer and Co-Founder at Slack. “As the shift from email to channel-based messaging platforms continues, the largest companies around the world are choosing to standardize on Slack because of our enterprise-grade scalability, security, open platform, ease-of-use and innovative roadmap.”"We finished the year with 110,000 paid customers and 893 customers spending more than $
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