Paid Customers

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Slack

Slack Technologies, Inc.—acquired by Salesforce ($CRM) for $27.7B in July 2021—is a messaging platform businesses. Per the terms of the deal, Slack shareholders received $26.79 in cash and 0.0776 shares of Salesforce for each share owned. See the $CRM stock page for updates on Slack as a subsidiary of Salesforce.
Slack was founded by Daniel Stewart Butterfield, Bradley J. Horowitz, Eric Costello, Callum James Henderson-Begg, and Serguei Mourachov in 2009 and is headquartered in San Francisco, CA.

Slack is a cloud-based communication and collaboration platform for teams. It allows users to exchange messages, share files, and integrate with various business tools and services. Slack is commonly used across various industries, from tech startups to large enterprises.

Salesforce

Business software maker Salesforce.com on Wednesday closed its $27.7 billion purchase of Slack Technologies Inc, a massive bet that Slack's workplace app will become popular for collaborations within and between companies.

After $27.7 billion deal, Salesforce aims to connect companies via Slack

Salesforce.com Inc. (NYSE:CRM) completed the $27.7 billion acquisition of Slack Technologies on Wednesday, paving the way for the company to disrupt the remote work market further. However, CRM shares barely reacted to the news moving higher by 0.9%.

As Salesforce finalizes the Slack acquisition, should you invest in CRM shares?

Salesforce has completed its $27.7 billion Slack acquisition, seven months after revealing plans to acquire the team communication platform.

Salesforce completes $27.7B Slack acquisition

SAN FRANCISCO, July 21, 2021 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced it has completed its acquisition of Slack Technologies, Inc. "We couldn't be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the trailblazing digital platform for the work anywhere world," said Marc Benioff, Chair and CEO of Salesforce. "Together we'll define the future of enterprise software, creating the digital HQ that enables every organization to deliver customer and employee success from anywhere.

Salesforce Completes Acquisition of Slack

On Monday, Slack Technologies, Inc (NYSE: WORK) announced the Department of Justice had closed its investigation into Salesforce.com Inc's (NYSE: CRM) acquisition of the company, paving the way for the deal to close sometime during the second quarter of Salesforce's fiscal 2022 year. The acquisition, announced back in December 2020 valued at $27.7 billion, had been in the hands of the DOJ's antitrust division, which required additional information and documents regarding the deal.

Slack Reaches Blue Skies, Institutions Place Bullish Trades

DocuSign

Zoom Video

CrowdStrike

Okta

Our theme of Work From Home Stocks emerged as a big winner through Covid-19, rising by about 3.7x since the end of 2019. However, the theme has underperformed this year, gaining just about 12% year-to-date, compared to the Nasdaq-100, which has returned about 15%.

Zoom, DocuSign: Remote Working Stocks Still Worth A Look As U.S. Re-Opens Post Covid?

Dropbox

Amazon

Amazon.com Inc (NASDAQ: AMZN) is in discussion with other companies regarding a "Rebel Alliance" to challenge Microsoft Corp's (NASDAQ: MSFT) work-productivity application market dominance, Insider reports. What Happened: Amazon aims to partner with software makers to offer a bundle of business apps for a single price.

Amazon Eyeing 'Rebel Alliance' With Dropbox, Slack To Challenge Microsoft: Insider

Amazon is reportedly trying to form a "Rebel Alliance" with other tech companies in an effort to take on Microsoft's suite of work-productivity apps.

Amazon reportedly discussed forming ‘Rebel Alliance' to take on Microsoft

Amazon Inc (NASDAQ:AMZN) is in talks with several software firms including Slack Technologies Inc (NYSE:WORK) and Dropbox Inc (NASDAQ:DBX) in a bid to create an alliance of firms to challenge Microsoft Corp's (NASDAQ:MSFT) grip on the market for work productivity apps. On Thursday, a Business Insider report said while still at an ideas stage, the ecommerce giant is aiming to partner with software makers to offer a bundle of business apps for one price in direct competition with Microsoft's 365 product suite which includes the likes of Word, Outlook, Excel and Powerpoint.

Amazon mulls alliance with Slack, Dropbox to challenge Microsoft in office apps market

New features that simplify remote work could help Slack keep growing as it prepares to be integrated into Salesforce in a deal set to close around July 31.

Slack adds audio 'huddles' for quick conversations as some offices remain closed

Everbridge

PagerDuty

Atlassian

Thor Industries

Twilio

Twitter

Veeva Systems

Workday

The Fed's meeting was the (expected) smallest of tone shifts, rather than a major policy adjustment. One of the sectors that emerged as a winner in the market's eyes? SaaS (software as a service) stocks. New boss, same as the old boss.

SaaS Stocks: A Post-Fed Winner, But Mind The Hangover (Podcast)

SAN FRANCISCO--(BUSINESS WIRE)--The Future Forum, a Slack-backed consortium, released a global study that unpacks how 15 months of pandemic work has shifted employee expectations.

New Slack Research Shows How Companies Can Win the War for Talent in the Post-Pandemic World

Broadcom

Costco

Hooker Furniture

Lululemon Athletica

Some of the stocks that may grab investor focus today are: Broadcom Inc (NASDAQ: AVGO) posted better-than-expected results for its second quarter and issued strong revenue forecast for the current quarter. Broadcom shares fell 0.2% to $464.00 in the after-hours trading session.

5 Stocks To Watch For June 4, 2021

Shares of Slack Technologies (NYSE:WORK) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 500.00% year over year to $0.08, which beat the estimate of ($0.01).

Recap: Slack Technologies Q1 Earnings

SAN FRANCISCO--(BUSINESS WIRE)--Slack Technologies, Inc., (NYSE: WORK) today reported financial results for its fiscal quarter ended April 30, 2021. Management Commentary: “Companies globally are racing toward a digital-first way of working to attract talent and to win,” said Stewart Butterfield, Chief Executive Officer and Co-Founder at Slack. “Slack is not just embracing this trend, we are enabling it. In Q1 we saw a near-record number of Paid Customer additions, a record number of Paid Custo

Slack Announces First Quarter Fiscal Year 2022 Results

The holiday-shortened week is drawing to an end with a whimper. There were no earnings reports of note scheduled at any time on Friday or before markets open on Monday.

Earnings Previews: CrowdStrike, DocuSign, Slack

Slack Technologies (WORK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Slack Technologies (WORK) This Earnings Season?

Slack (WORK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Slack Technologies (WORK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Salesforce Inc. is expected to benefit from a resurgence in enterprise spending as the spread of COVID-19 eases and businesses return to projects that had been put on hold because of the pandemic.

Earnings Outlook: Salesforce earnings expected to be strong, but Slack deal muddies outlook

SAN FRANCISCO--(BUSINESS WIRE)--Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the first quarter of fiscal year 2022, ended April 30, 2021, following the close of the U.S. markets on Thursday, June 3, 2021. About Slack Slack has transformed business communication. It's the leading channel-based messaging platform, used by millions to align their teams, unify their systems, and drive their businesses forward. Only Slack offers a secure, enterpr

Slack Announces Date of First Quarter Fiscal Year 2022 Financial Results

Should Investors Hold Slack Shares Until the Salesforce Acquisition Closes?

While WORK stock might not be trading at a rock-bottom valuation, the positive fiscal data indicates that the bull run could be far from over. The post Slack Technologies Is Still a Remote Workflow Winner appeared first on InvestorPlace.

Slack Technologies Is Still a Remote Workflow Winner

Adobe

C3.ai

Coupa Software

Datadog

iShares North American Tech-Software ETF

Microsoft

Cloudflare

Palantir Technologies

RingCentral

Snowflake

Sumo Logic

The rise in 10-year U.S. Treasury yields likely will continue to pressure software growth stocks, though the sector could find support if corporate spending on digital transformation stays strong. The post When Will Software Growth Stocks Find Support Amid Rising 10-Year Treasury Yields?

When Will Software Growth Stocks Find Support Amid Rising 10-Year Treasury Yields?

Our theme of Work From Home Stocks has underperformed this year, declining by about 10% since early January, compared to the S&P 500 which is up by about 6% over the same period. The sell-off is likely driven by higher rates of vaccinations in the U.S..

Work From Home Stocks Have Underperformed, Time To Buy?

Last October as Slack was preparing for its virtual Frontiers conference, the company began thinking about different ways people could communicate on the platform. While it had built its name on being able to integrate a lot of services in a single place to alleviate the dreaded task-switching phenomenon, it has been largely text-based up […]

News for Slack Stock (WORK)