WORK - Slack reports upside preliminary Q4 results ahead of acquisition by Salesforce
Slack (WORK) reports preliminary Q4 results with $250.6M in total revenue, above the $240.9M consensus.The work collaboration software provider added 14,000 net new paid customers in Q4, up 180% on the year.Calculated billings were up $359.9M, up 41%.Preliminary full-year highlights include $902.6M in sales (up 43%) $1.04B in calculated billings (up 35%), and 156K total paid customers, up 42%.Press release. In its earnings report, Salesforce said the Slack acquisition should close during Q2.
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Slack reports upside preliminary Q4 results ahead of acquisition by Salesforce