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Slack Technologies, Inc. (WORK) CEO Stewart Butterfield on Q1 2020 Results - Earnings Call Transcript

Jun. 05, 2020 12:41 AM ETSlack Technologies, Inc. (WORK)4 Comments
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Slack Technologies, Inc. (NYSE:WORK) Q1 2020 Earnings Conference Call June 4, 2020 5:00 PM ET

Company Participants

Jesse Hulsing - VP, IR

Stewart Butterfield - Co-Founder and CEO

Allen Shim - CFO

Conference Call Participants

Alex Zukin - RBC Capital Markets

Raimo Lenschow - Barclays

Brent Bracelin - Piper Sandler

Brad Zelnick - Credit Suisse

Michael Turrin - Wells Fargo

Arjun Bhatia - William Blair

Keith Weiss - Morgan Stanley

Derrick Wood - Cowen and Company

Will Power - Baird

Rohit Kulkarni - MKM Partners

Mark Moerdler - Bernstein Research


Ladies and gentlemen, thank you for standing by, and welcome to Slack Technologies First Quarter Earnings Conference Call. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Jesse Hulsing, Vice President of Investor Relations. Thank you. Please go ahead.

Jesse Hulsing

Good afternoon, and thank you for joining us on today's conference call to discuss Slack's first quarter fiscal 2021 financial results. On the call, we have Stewart Butterfield, Co-Founder and Chief Executive Officer; and Allen Shim, Chief Financial Officer.

During the course of today's call, we may make forward-looking statements, including but not limited to statements regarding our guidance and future financial performance, market demand, product development, growth prospects, business strategies and plans, ability to attract and retain customers and ability to compete effectively. We will also make forward-looking statements regarding the potential impact of the global COVID-19 pandemic on US and global economies and our business.

These forward-looking statements are based on management's current views and assumptions and should not be relied upon as of any subsequent date. And we disclaim any obligation to update any forward-looking statements. Actual results may vary materially from today's statements. Information concerning our risks, uncertainties and other factors that could cause results to differ from these forward-looking statements are

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Comments (4)

What am I missing. Blowout Q and stock drops double digit. Looks like strong hands are at $31.50. Hopefully it will build from there.
inv28758231 profile picture
One of things that the analysts on the call seemed to be missing is some quantification of what is going to happen with the free users? How likely are they to convert to paid ones? How quickly? These questions were not answered to (at least) my satisfaction.
High Quality Stock Investor profile picture
None of today‘s sellers listened to the call, that’s for sure.
C4A7 profile picture
Good stuff.
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