I think the question everybody is asking is, should I hold my stock? I am going to put this in the chat. Had a GAAP loss of 29%, but a positive cash flow from operations, including it spent $8.7 million in the quarter from a transaction expense related to the acquisition. Billings are up 41% showing me that customers are still signing up for Slack even though everybody knows that Salesforce is going to buy them, that isn't slowing growth at all. But there's really not a lot going on with Slack, but I did want to give viewers a quick little insight.Įarnings was pretty decent, revenue was $903 million for full-year 2020, so they're approaching a $1 billion run rate business, it's up 43%, Q4 was up 38%, so pretty strong.

But I don't know that everybody goes back and un-favorites stocks that they don't own anymore.

I imagine not as many people own it anymore. *Stock Advisor returns as of February 24, 2021īrian Withers: Let me jump into Slack. and Slack Technologies wasn't one of them! That's right - they think these 10 stocks are even better buys. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*ĭavid and Tom just revealed what they believe are the ten best stocks for investors to buy right now. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. 10 stocks we like better than Slack Technologies

Salesforce slack technologies