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Slack beats quarterly revenue estimates

FILE PHOTO: The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during the company's direct listing in New York, U.S. June 20, 2019. REUTERS/Brendan McDermid

(Reuters) - Slack Technologies Inc (WORK.N) beat Wall Street estimates for quarterly revenue on Wednesday as more companies subscribed to its messaging platform.

The company’s revenue jumped nearly 60% to $168.7 million (£131.49 million) in the second quarter ended Oct.31, above analysts’ average estimates of $156.0 million, according to IBES data by Refinitiv.

However, net loss attributable to common ...

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