Going into its earnings report on Thursday, many investors were watching Slack Technologies (NYSE: WORK) closely. The provider of a fast-growing online workplace-collaboration platform has been viewed as a company that could actually benefit from the trends accompanying the coronavirus outbreak -- in this case, mainly travel restrictions and many companies' decisions to allow their employees to work from home.
The company's financial results highlighted more strong growth, an expanding profit margin, and an improving adjusted loss per share. In addition, management indicated that fears of the COVID-19 coronavirus outbreak had led to a spike in the creation of new virtual teams on its platform.
Image source: Slack Technologies.