Slack (WORK) Tops Q1 EPS by 4c, Q2 and FY EPS Guidance Tops Consensus, Withdraws Guidance for FY21 Calculated Billings

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Slack Announces Record First Quarter Fiscal Year 2021 Results

June 4, 2020 4:10 PM EDT

Total revenue of $201.7 million up 50% year-over-year

Added a record 12,000 net new Paid Customers

Added a record of over 90,000 net new organizations on either a free or paid subscription plan

SAN FRANCISCO--(BUSINESS WIRE)-- Slack Technologies, Inc., (NYSE: WORK) today reported financial results for its fiscal quarter ended April 30, 2020.

Management Commentary:

Q1 was a phenomenal quarter for Slack, with the addition of 12,000 net new Paid Customers and 50% revenue growth year-over-year, said... More