General World News

Slack beat financial targets but didn’t give an update to its daily user competition with Microsoft (WORK)

Stewart Butterfield

  • Slack’s reported Q3 revenue of $168.7 million, an increase of 66 percent from a year prior on Wednesday.
  • But Slack did not provide an update on its active users, a closely watched metric.
  • The company also announced that Chamath Palihapitiya will be stepping down from its board of directors and will be replaced by Michael McNamara.
  • Visit Business Insider’s homepage for more stories.

Slack beat Wall Street financial targets in its third quarter but did not provide an update on its number of daily users — a closely watched gauge of its competition with Microsoft — sending the company’s stock see-sawing in read more >>>

Source:: BusinessInsider.Com