Slack Revenue Up 67% as Messaging Company Readies Stock Listing

May 31, 2019, 5:16 PM UTC

Slack Technologies Inc. released its first quarter financial results showing steady growth and manageable losses as it prepares to go public on June 20.

Slack lost $31.9 million in the three months ended April 30, up 28% from the year prior, according to its revised filing Friday with the Securities and Exchange Commission. Slack’s revenue meanwhile grew by 67% to $134.8 million, according to the filing.

That’s a far cry from some of the technology unicorns that have gone public this year in a wave of initial public offerings. On Thursday, Uber Technologies Inc., whose $8.1 billion IPO is the ...

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