Wednesday 9 September 2020

Even with a 49% uplift in sales and a 46% drop in expenses, Slack still can't turn a profit

Where's our Zoom miracle, cry investors. Growth for hipster chat platform expected to slow as 2020 grinds on

Slack reported 49 per cent revenue growth for its Q2 ended July 31, but its stock nonetheless suffered a pounding in after-hours trading.…

via The Register - Data Centre: Cloud

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