Slack beat financial targets but didn’t give an update to its daily user competition with Microsoft (WORK)
|12/05/2019||Posted by BusinessMediaguide.Com under General World News||
- 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.
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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 >>>