How were Slack Technologies' earnings last quarter?

Slack Technologies, Inc. (NYSE:WORK) announced its quarterly earnings data on Wednesday, June, 2nd. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.09. The firm had revenue of $273.40 million for the quarter, compared to analyst estimates of $264.98 million. Slack Technologies had a negative net margin of 25.98% and a negative trailing twelve-month return on equity of 23.43%. The business's quarterly revenue was up 35.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) earnings per share.

What is Stewart Butterfield's approval rating as Slack Technologies' CEO?

487 employees have rated Slack Technologies Chief Executive Officer Stewart Butterfield on Glassdoor.com . Stewart Butterfield has an approval rating of 98% among the company's employees. This puts Stewart Butterfield in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 95.0% of employees surveyed would recommend working at Slack Technologies to a friend.

What other stocks do shareholders of Slack Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Slack Technologies investors own include NVIDIA (NVDA) , Zoom Video Communications (ZM) , Tesla (TSLA) , Block (SQ) , Salesforce (CRM) , Advanced Micro Devices (AMD) , DocuSign (DOCU) , PayPal (PYPL) , Walt Disney (DIS) and Alibaba Group (BABA) .

When did Slack Technologies IPO?

Slack Technologies (WORK) raised $4.8 billion in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 118,400,000 shares at $38.25-$42.00 per share. DPO (Direct Public Offering) acted as the underwriter for the IPO.

Does Slack Technologies have any subsidiaries?

The following companies are subsidiares of Slack Technologies: Astro Technology, HipChat, Missions, Rimeto, Screenhero Inc, Slack Australia Pty Limited, Slack Canada Ltd, Slack France, Slack Fund L.L.C., Slack India LLP, Slack Japan KK, Slack Netherlands B.V., Slack Singapore PTE LTD, Slack Sweden AB, Slack Technologies GmbH, Slack Technologies Korea LLC, Slack Technologies Limited, Slack UK Limited, and Stride. Read More

NYSE:WORK

Slack Technologies (WORK) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $45.20
▼
$45.20
50-Day Range: $43.97
▼
$45.20
52-Week Range: $24.09
▼
$45.64

Volume: N/A
Average Volume: 6.64 million shs
Market Capitalization: $26.52 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis

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About Slack Technologies Stock (NYSE:WORK)

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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WORK Stock News Headlines

July 23, 2021 | nasdaq.com

Should Slack Technologies (NYSE:WORK) Be Disappointed With Their 46% Profit?

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Company Calendar

Last Earnings: 6/02/2021
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Prepackaged Software
Sub-Industry: N/A
Current Symbol: NYSE:WORK
CUSIP: N/A
CIK: N/A
Web: slack.com
Phone: 415-630-7943
Fax: N/A
Employees: 2,545
Year Founded: 2009

Profitability

EPS (Most Recent Fiscal Year): ($0.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-300,420,000.00
Net Margins: -25.98%
Pretax Margin: N/A
Return on Equity: -23.43%
Return on Assets: -8.73%

Debt

Debt-to-Equity Ratio: 0.75
Current Ratio: 2.84
Quick Ratio: 2.84

Sales & Book Value

Annual Sales: $902.61 million
Price / Sales: 29.38
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.49 per share
Price / Book: 30.34

Miscellaneous

Outstanding Shares: 586,715,000
Free Float: N/A
Market Cap: $26.52 billion
Optionable: Not Optionable
Beta: 0.97

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Key Executives

Mr. Daniel Stewart Butterfield (Age 47)
Co-Founder, CEO & Chairman
Comp: $715.42k
Mr. Allen Shim (Age 39)
CFO & Treasurer
Comp: $419.63k
Mr. Robert Frati (Age 52)
Sr. VP of Sales & Customer Success
Comp: $737.46k
Mr. Cal Henderson (Age 40)
Co-Founder & CTO
Brandon Zell
Chief Accounting Officer
Mr. Jesse Wade Hulsing
VP of Fin. & Investor Relations
Mr. David R. Schellhase (Age 57)
Gen. Counsel & Corp. Sec.
Ms. Julie Liegl
Chief Marketing Officer
Mr. Brad Armstrong
VP of Bus. Devel. & Corp. Devel.
Ms. Nadia Nicole Rawlinson (Age 41)
Chief People Officer

Key Competitors

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Should I Buy Slack Technologies Stock? WORK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Slack Technologies, Inc.:

Slack Technologies, Inc. has recently introduced innovative AI-powered features in their collaboration platform, enhancing productivity and user experience.
Slack Technologies, Inc. has shown consistent growth in its user base and market presence, indicating a positive trajectory for the company.
Recent financial reports indicate a steady increase in revenue and potential for profitability, making it an attractive investment option.
Slack Technologies, Inc.'s stock price has been showing resilience and potential for growth, offering investors a promising opportunity.
Slack Technologies, Inc. has been actively expanding its product offerings and partnerships, positioning itself for further market penetration and revenue generation.

Cons

Investors should be bearish about investing in Slack Technologies, Inc. for these reasons:

Slack Technologies, Inc. faces increasing competition in the collaboration platform market, which could impact its market share and growth prospects.
Concerns about data security and privacy issues have been raised regarding Slack Technologies, Inc.'s platform, potentially leading to regulatory challenges and user trust issues.
Market volatility and economic uncertainties could affect Slack Technologies, Inc.'s stock performance, posing risks to investors.
Slack Technologies, Inc. may need to invest heavily in research and development to stay competitive, which could impact short-term profitability.
Changes in user preferences and technological advancements could pose challenges for Slack Technologies, Inc. to adapt quickly and maintain its market position.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Slack Technologies pros and cons to contact@marketbeat.com.

WORK Stock Analysis - Frequently Asked Questions

How were Slack Technologies' earnings last quarter?: Slack Technologies, Inc. (NYSE:WORK) announced its quarterly earnings data on Wednesday, June, 2nd. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.09. The firm had revenue of $273.40 million for the quarter, compared to analyst estimates of $264.98 million. Slack Technologies had a negative net margin of 25.98% and a negative trailing twelve-month return on equity of 23.43%. The business's quarterly revenue was up 35.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) earnings per share.
What is Stewart Butterfield's approval rating as Slack Technologies' CEO?: 487 employees have rated Slack Technologies Chief Executive Officer Stewart Butterfield on Glassdoor.com. Stewart Butterfield has an approval rating of 98% among the company's employees. This puts Stewart Butterfield in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 95.0% of employees surveyed would recommend working at Slack Technologies to a friend.
What other stocks do shareholders of Slack Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Slack Technologies investors own include NVIDIA (NVDA), Zoom Video Communications (ZM), Tesla (TSLA), Block (SQ), Salesforce (CRM), Advanced Micro Devices (AMD), DocuSign (DOCU), PayPal (PYPL), Walt Disney (DIS) and Alibaba Group (BABA).

When did Slack Technologies IPO?: Slack Technologies (WORK) raised $4.8 billion in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 118,400,000 shares at $38.25-$42.00 per share. DPO (Direct Public Offering) acted as the underwriter for the IPO.
Does Slack Technologies have any subsidiaries?: The following companies are subsidiares of Slack Technologies: Astro Technology, HipChat, Missions, Rimeto, Screenhero Inc, Slack Australia Pty Limited, Slack Canada Ltd, Slack France, Slack Fund L.L.C., Slack India LLP, Slack Japan KK, Slack Netherlands B.V., Slack Singapore PTE LTD, Slack Sweden AB, Slack Technologies GmbH, Slack Technologies Korea LLC, Slack Technologies Limited, Slack UK Limited, and Stride.
Read More

This page (NYSE:WORK) was last updated on 4/19/2024 by MarketBeat.com Staff

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Slack Technologies (WORK) Stock Price, News & Analysis

About Slack Technologies Stock (NYSE:WORK)

WORK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

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Key Executives

Key Competitors

Should I Buy Slack Technologies Stock? WORK Pros and Cons Explained

Pros

Cons

WORK Stock Analysis - Frequently Asked Questions

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