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.

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular initial public offering route.

Factbox: What is Slack?

Slack got off to a good start as a public company Thursday as shares in the chat-based collaboration app are trading 50 percent above an early bar set by the company.

Slack makes its public debut at $38.50/share, soaring 50% from initial price

The initial public offering of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, opened at a price of $38.50 per share, valuing it at more than $23 billion, well above the $16 billion reference point set by the New York Stock Exchange.

Slack starts trade with surge, valued at more than $23 billion

Slack's CEO said that the company didn't want to go public via an IPO so that it could be as transparent and accessible as possible.

Slack CEO explains why the company didn't go public with a traditional IPO

Slack is pricing its shares in a direct listing today.

Slack Goes Public Today: 5 Things to Know

Shares of Slack Technologies Inc surged 50 percent in their debut through a direct listing on Thursday, giving the workplace messaging app owner a valuation of about $23 billion.

Slack surges 50% in unusual listing, grabs $23 billion valuation

Slack Inc. shares did jumped about 60% on Thursday, after the creator of a popular workplace-chat tool made its public debut via an unconventional route.

Slack stock soars after direct listing

Slack, the workplace messaging platform that has helped define a key category of enterprise IT, made its debut as a public company today with a pop. Trading as “WORK” on the New York Stock Exchange, it opened at $38.50 after setting a reference price last night of $26, valuing it at $15.7 billion, and then […]

Slack opens at $38.50, a pop of 48% on its first day of trading on NYSE as WORK

Slack Technologies Inc. shares jumped in Thursday morning trading following the workplace-communications company's direct listing.

Slack stock jumps 50% after direct listing

Slack Technologies (NYSE: WORK) made its public debut Thursday by listing its shares on the New York Stock Exchange through a direct listing.

Slack IPO Opens At $38.50 Per Share

Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.

Slack opens at $38.50 after setting reference price at $26 per share

Stocks soared Thursday morning in a delayed reaction to the Fed's signals.

Stock Market News: Slack Keeps Investors Waiting

A Slack IPO may not be have happened, but that doesn't mean that WORK stock isn't trading on a public market starting today.
The post Slack IPO 2019: 14 Things to Know About the WORK Stock Direct Offering appeared first on InvestorPlace.

Slack IPO 2019: 14 Things to Know About the WORK Stock Direct Offering

When Slack Technologies Inc. said it was taking the unusual route of a direct listing rather than a traditional IPO after Uber and Lyft’s high-profile offerings landed with thuds earlier this year, conventional wisdom suggested it was dodging a rough year for tech IPOs.

Slack listing comes during banner year for tech IPOs despite Uber and Lyft’s troubled debuts

However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."

Slack CEO, ahead of NYSE debut, predicts the end of company email as we know it in 7 years

Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.

Slack going public in a red-hot IPO market, with a twist

If you use (and love) Slack, there are four compelling reasons to resist the urge to buy its stock.

4 Reasons Not To Buy Slack Stock

Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter.

Slack to take unusual route to public markets, likely valuing it around $16 billion

The company will begin trading on the NYSE under the symbol "WORK" on June 20.

How Slack Cornered the Market and Battled Tech Giants

More than 65 companies in the Fortune 100 are paying for their workers to use Slack.

How Slack Makes Money: Subscription Plans

Much of tonight's stock market buzz centers on a tech company that isn't a stock at all... at least, not quite yet.

A price is slapped on Slack stock

Slack Technologies Inc. is set to make its trading debut Thursday on the New York Stock Exchange with a valuation of about $15.7 billion, the second major company to go public through a so-called direct listing.

The Wall Street Journal: Slack sets reference price at $26 a share for public debut

Messaging startup expected to begin trading Thursday on the NYSE under the ticker symbol WORK.

Slack reference price set at $26 per share

Workplace chat and collaboration technology company Slack is set to become a public company on Thursday, with implications for a wide variety of companies in the Seattle region and beyond.

Interview: Slack CTO explains the company’s tech strategy in its quest to rid the world of email

Slack’s public debut is happening Thursday on the NYSE and the company has set a reference price of $26 per share for its direct listing, according to WSJ, which would value the company at around $15.7 billion. The company’s stock is expected to pop at open, according to the WSJ’s sources.

News for Slack Stock (WORK)