Slack to release its first earnings report as a public company after the bell
Summary
Slack, maker of the popular workplace chat app, will release its first earnings report as a public company after the market close on Wednesday. Here are the numbers to watch for the companys fiscal second quarter: Slack debuted on the New York Stock Exchange in in June through a direct listing, following the path taken by Spotify last year. The companys main competitor is Microsoft, which includes the Teams work chat app in Office 365 business subscriptions. Slacks uptime — a measure of how frequently the service is operating normally — slipped below 99.9% in June and July, wrote the KeyBanc analysts, who recommend buying the stock. For the fiscal third quarter, analysts polled by Refinitiv expect Slack to forecast a loss of 7 cents per share, excluding certain items, on $153.2 million in revenue.