-
What's The Latest On The Salesforce Acquisition Of Slack?
Friday, July 2, 2021 - 3:34pm | 310Salesforce.com Inc (NYSE: CRM) signed a definitive agreement to acquire Slack Technologies Inc (NYSE: WORK) in December 2020. The deal, which has an enterprise value of approximately $27.7 billion, is yet to close. Pending shareholder approval, the transaction is expected to close in...
-
Slack CEO Talks Tailwinds And Headwinds Ahead
Sunday, June 7, 2020 - 7:56am | 469Slack Technologies Inc (NYSE: WORK) reported a "phenomenal" earnings report, highlighted by strong growth in new customers, Slack CEO Stewart Butterfield said on CNBC's "Squawk Box." Strong Tailwind More than 90,000 people started using Slack in the first quarter, which...
-
Slack CEO On Microsoft's Teams: 'Not A Competitor'
Thursday, April 30, 2020 - 6:11pm | 450Microsoft Corporation (NASDAQ: MSFT) mentioned its Teams business dozens of times during its post-earnings conference call, but Slack Technologies Inc (NYSE: WORK) CEO Stewart Butterfield said on CNBC that it's "not a competitor." What Happened Microsoft mentioned Teams 42 times...
-
Slack Usage Jumps 20% As Workers Log On From Home During Coronavirus Pandemic
Thursday, March 26, 2020 - 9:47am | 428Slack Technologies Inc (NYSE: WORK) shares, which tumbled to a record low of $15.10 in mid-March in the wake of a coronavirus-induced sell-off, have rebounded to the $28 level. Slack's simultaneously connected users rose from 10.5 million as of March 16 to 12.5 million as of March 25, the...
-
Slack Reports Q3 Earnings Beat
Wednesday, December 4, 2019 - 5:28pm | 292Slack Technologies Inc (NYSE: WORK) shares continue to fall despite reporting a third-quarter earnings beat on Wednesday. Adjusted earnings came in at a loss of 2 cents per share, beating estimates by 6 cents. Sales came in at $168.7 million, beating estimates by $12.68 million. The company issued...