This is what to watch when Slack reports earnings $WORK (via TradingNation)
raced higher Wednesday ahead of its first earnings report as a public company after the bell. The stock gained 7% on the session, though was still down 20% from its June listing.
"Obviously investors are first going to be looking at revenue, they're going to be looking at the guidance to assure that the revenue growth will continue at a similar rate, that there's not a massive deceleration coming," said Moerdler on CNBC's "Slack has guided for revenue to increase 51% to 53% in its second quarter. Analysts surveyed by FactSet anticipate sales on the high end of that range.
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