Slack expects massive sales growth

[Jamie McKane]

Slack expects massive sales growth

Slack Technologies Inc. expects growing revenue and higher-than-usual losses in the second quarter, the period in which it’s expected to go public via a direct listing, the company said Monday.

Slack, which makes workplace chat and collaboration software, told investors it predicts it will lose $75 million to $77 million next quarter, including about $32 million in one-time expenses related to its direct listing.

[Bloomberg]

 

[Y'all Qaeda]

Slack expects massive sales growth

told investors it predicts it will lose $75 million to $77 million next quarter

One of these is not like the other.

*Disclaimer: I didn't read the article.

 

[Happy Days]

More non-profitable companies jumping on the IPO bandwagon. Makes me think of the dotcom bubble.

 

[backstreetboy]

 

[Gudnews]

But The Ringer podcast network swear by it.