Slack plummets on inaugural earnings report after saying growth will slow

Brasil Notícia Notícia

Slack plummets on inaugural earnings report after saying growth will slow
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

The company also noted that revenue was negatively impacted by $8.2 million of credits 'related to serve level disruption.'

Slack reported its first quarterly earnings as a public company Wednesday. The report showed a large net loss and a trimmed full-year outlook. Shares fell as much as 15% in early trading, putting the stock on pace to open just above its indicated direct-listing price of $26. Wall Street analysts remain largely optimistic on shares of the company. Watch Slack trade live on Markets Insider.

Slack reported its first quarterly earnings as a public company Wednesday. The report showed a large net loss and a trimmed full-year outlook. Shares fell as much as 15% in early trading, putting the stock on pace to open just above its indicated direct-listing price of $26. Wall Street analysts remain largely optimistic on shares of the company. Watch Slack trade live on Markets Insider.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

BusinessInsider /  🏆 729. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

NBC Developing Cryonics Drama From David Slack; Josh Berman Producing, Phillip Noyce To DirectNBC Developing Cryonics Drama From David Slack; Josh Berman Producing, Phillip Noyce To DirectNBC has put in development an untitled cryonics drama from writer David Slack, Drop Dead Diva creator Josh Berman and Sony TV. Phillip Noyce (The Resident) is set to direct and executive produce. W…
Consulte Mais informação »

This is what to watch when Slack reports earningsThis is what to watch when Slack reports earningsSlack raced higher Wednesday ahead of its first earnings report after the bell.
Consulte Mais informação »

Slack plunges after posting first earnings report since going publicSlack plunges after posting first earnings report since going publicSlack is growing rapidly, but it faces increased competition from Microsoft and has been dealing with service issues.
Consulte Mais informação »

Slack loss forecast bigger than expected, shares plungeSlack loss forecast bigger than expected, shares plungeSlack Technologies Inc forecast a bigger-than-expected loss for the third quarte...
Consulte Mais informação »

Stocks making the biggest moves after hours: Slack, Cloudera and Palo Alto NetworksStocks making the biggest moves after hours: Slack, Cloudera and Palo Alto NetworksSee which stocks are posting big moves after the bell.
Consulte Mais informação »

Slack projects slower sales growth, and its stock slumpsSlack projects slower sales growth, and its stock slumpsSlack's sales projections signal that strong competition may dent the rapid rise of the workplace communications software maker.
Consulte Mais informação »



Render Time: 2025-04-20 05:11:38