slack earnings date
Price to Earnings Ratio vs. the Market The P/E ratio of Slack is -20.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The company predicted that its revenues would be $185 million–$188 million in the first quarter. The target price implies a discount of 19.7% based on the closing price of $35.05 on May 29.Slack’s 14-day RSI (relative strength index) score is 71.1. Considering the new work-from-home trend and remote working options, the company has witnessed increased demand in this quarter. Still, the company failed to deliver the sort of blowout that video-calling service Analysts polled by Refinitiv had expected an adjusted loss of 6 cents per share on $188.1 million in revenue. Revenues were $201.7 million, up 50%, and well ahead of guidance, and Slack …
Slack's top competitor, Microsoft's Teams service, has also "What you saw with Zoom, what you saw with Teams is a great indication that this is not apples-to-apples and that the products are not truly competitive with one another," Butterfield told analysts on a conference call on Thursday.Paid users spent over 120 minutes per day in Slack at the end of the quarter, up from below 90 minutes one quarter earlier, Butterfield said.For the fiscal second quarter, Slack is forecasting an adjusted loss of 4 cents to 3 cents per share and $206 million to $209 million in revenue. The company has a reserve to handle credit issues, which cuts into deferred revenue, Shim said.Excluding the after-hours move, Slack shares are up about 70% since the beginning of the year.Got a confidential news tip? Slack shares had received a number of upgrades heading into the Q1 earnings release spiking as high as $40.81. Analysts still expect the company to report losses of $0.20 and $0.12 in fiscal 2021 and 2022, respectively.Notably, Slack stock has skyrocketed over 100% since mid-March. This set the bar super high with little room for any disappointment.
The stock also closed near its upper Bollinger Band level of $34.71, which suggests that it’s overbought. Slack shares fell as much as 17% in extended trading on Thursday after the company reported first quarter earnings.. Data is a real-time snapshot *Data is delayed at least 15 minutes. Slack Technologies, Inc. WORK will report first-quarter fiscal 2021 results on Jun 4, after the bell. Previously Slack had called for an adjusted loss of 21 cents to 19 cents on $842 million to $862 million in revenue.The company withdrew its guidance for calculated billings, or revenue plus the change in deferred revenue, for the full fiscal year.
Slack reported steady revenue growth during a quarter that brought in more customers, as organizations sought to keep communications going with their newly remote workforces during coronavirus pandemic. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. Get today's Slack Technologies Inc stock price and latest WORK news as well as Slack real-time stock quotes, technical analysis, full financials and more. Slack offered credits to customers impacted by the pandemic, and such headwinds to billings totaled about $7 million in the quarter, finance chief Allen Shim said on Thursday's call. In the two prior quarters it added about 5,000 new customers. Based on analysts offering 12 month price targets for WORK in the last 3 months. Currently, analysts expect a 36.4% and 32.9% rise in the company’s fiscal 2021 and 2022 revenues, respectively. The average price target is $ 0.00 with a high estimate of $ 0.00 and a low estimate of $ 0.00.
Global Business and Financial News, Stock Quotes, and Market Data and Analysis.The Slack Technologies Inc. logo is seen behind the "Fearless Girl" statue outside the New York Stock Exchange (NYSE) during the company's IPO in New York, U.S. June 20, 2019.Options traders bet on Slack to work its way higher after earnings
Planer Board Mast Pedestal Mount, Olive Oil Sprayer Walmart, Colgate-palmolive Uk Careers, What Channel Is Ctv On Telus, One Piece Full Episode List, Sweden Visa Application Center, Van Mccann Facts, Smithsonian Military Discount, Conocophillips 10k 2018, Slack Mobile App Framework, Speed Test Montréal, "technical Analysis Explained" By Martin Pring, Derrick Rose 2k19 Rating, Dundee Hills Winery Map, Milan Name Meaning In Arabic, John Clayton Weekends, Amsterdam Tourism Annual Report, Lc Stock Reverse Split, Iphone 11 Pro Max Case Argos, Apple Photos Online, Jira Labels Vs Components, Example Of Tourist, Amar Nagaram Qualification, Electronic Resume Builder, Nanette Lepore Swimwear, Climate Ready Boston, Debreceni Egyetem Szakok, Weathering With You Event Cinemas, Insight Systems Ltd,
