Slack posts revenue of $250.6M in Q4, up 38%
American software company Slack Technologies announced on Thursday its revenue in the fiscal fourth quarter climbed 38% on the year to $250.6 million.
The company, which was recently acquired by Salesforce, added 14,000 new Paid Customers in the quarter, up from the 5,000 in the same period a year earlier. “The past year has seen an unprecedented acceleration of digital transformation and a radical shift in the popular imagining of how the world uses software to work together. Slack was built for this,” Slack’s CEO Stewart Butterfield said.
Shares of Slack were up 0.35% to $40.09 in after-hours trading following the quarterly update.
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