Slack Announces Record First Quarter Fiscal Year 2021 Results
Slack Technologies, Inc. (WORK)
Last slack technologies, inc. earnings: 3/12 04:15 pm
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Source: Business Wire
Total revenue of $201.7 million up 50% year-over-yearAdded a record 12,000 net new Paid CustomersAdded a record of over 90,000 net new organizations on either a free or paid subscription plan SAN FRANCISCO--(BUSINESS WIRE)--Slack Technologies, Inc., (NYSE: WORK) today reported financial results for its fiscal quarter ended April 30, 2020.Management Commentary:“Q1 was a phenomenal quarter for Slack, with the addition of 12,000 net new Paid Customers and 50% revenue growth year-over-year,” said Stewart Butterfield, Chief Executive Officer and Co-Founder at Slack. “We believe the long-term impact the three months and counting of working from home will have on the way we work is of generational magnitude. This will continue to catalyze adoption for the new category of channel-based messaging platforms we created and for which we are still the only enterprise-grade offering.”“Now more than ever our customers depend on Slack to continue to push the envelope of innovation,” said Allen Shi
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