Categories AlphaGraphs, Earnings, Technology
Slack (WORK) reports break-even earnings for Q2; revenues surge 49%
Slack Technologies (NYSE: WORK) reported break-even results for the second quarter of 2021 even as revenues jumped 49%. The results also exceeded the market’s projection. Meanwhile, the company’s stock dropped on Tuesday evening following the announcement.

The corporate communications app reported nil earnings for the July-quarter, on an adjusted basis, compared to a loss of 14 cents per share last year. Analysts were looking for a loss for the most recent quarter.
The improvement reflects a 49% growth in revenues to $216 million, which also topped the Street view. On an unadjusted basis, net loss was $74.8 million or $0.13 per share, compared to a loss of $359.6 million or $0.98 per share in the second quarter of 2020.
Shares of Slack, which closed Tuesday’s regular session higher, declined during the extended session.
Most Popular
Key metrics from Lowe’s (LOW) Q1 2025 earnings results
Lowe's Companies, Inc. (NYSE: LOW) reported its first quarter 2025 earnings results today. Total sales were $20.9 billion compared to $21.4 billion in the prior-year quarter. Comparable sales decreased 1.7%.
TGT Earnings: All you need to know about Target’s Q1 2025 earnings results
Target Corporation (NYSE: TGT) reported its first quarter 2025 earnings results today. Net sales of $23.8 billion were down 2.8% compared to the year-ago period. Comparable sales decreased 3.8%, reflecting
Earnings Preview: Can Nvidia match its stellar FY25 performance this year?
For Nvidia Corporation (NASDAQ: NVDA), fiscal 2025 was a pivotal year in which the tech giant generated record-high revenue and profit, capitalizing on its leadership in the AI chip market.