Slack plunges after posting first earnings report since going public
1–10 of 20 posts
Re: Slack plunges after posting first earnings report since going public
#2One cannot continuously make millions cloning IRC? Whodathunkit?
Re: Slack plunges after posting first earnings report since going public
#3One cannot continuously make millions cloning IRC? Whodathunkit?
Would you please stop posting unsubstantive comments to HN? You've done that a lot, and we ban accounts that do it repeatedly. I don't want to ban you, so if you'd please review https://news.ycombinator.com/newsguidelines.html and use HN more as intended from now on, we'd be grateful.
Re: Slack plunges after posting first earnings report since going public
#4> Earnings: Loss of 14 cents per share, excluding certain items, vs. 18 cents per share as expected by analysts, according to Refinitiv.
> Revenue: $145 million, vs. $140.7 million as expected by analysts, according to Refinitiv.
So they beat estimates in both cases and the stock fell? Am i misreading this?
Re: Slack plunges after posting first earnings report since going public
#5> Earnings: Loss of 14 cents per share, excluding certain items, vs. 18 cents per share as expected by analysts, according to Refinitiv. > Revenue: $145 million, vs. $140.7 million as expected by analysts, according to Refinitiv. So they beat estimates in both cases and the stock fell? Am i misreading this?
They issued a weak guidance for next quarter. Expected loss is $0.07, their guidance is $0.08-$0.09.
Re: Slack plunges after posting first earnings report since going public
#6Can someone please enlighten me?
I am having trouble understanding the myriad communications/chat apps out there that don't seem to do much more than what we older folk used to do on USENET.
Then there's all the clones of more modern platforms. Things like Whatsup.
It just seems to me there are, as a friend of mine used to say, "too many useless duplicates". Meaning, most of it is a huge waste of time.
So, what am I missing about Slack specifically? What unique differentiation makes this worthy of anyone investing their nest egg on their stock?
I honestly want to know. BTW, I have used Slack. I think it's horrible. I don't see much improvement over, say, a phpBB site (which can be deployed privately inside of a network or on the internet).
Re: Slack plunges after posting first earnings report since going public
#7Can someone please enlighten me? I am having trouble understanding the myriad communications/chat apps out there that don't seem to do much more than what we older folk used to do on USENET. Then there's all the clones of more modern platforms. Things like Whatsup. It just seems to me there are, as a friend of mine used to say, "too many useless duplicates". Meaning, most of it is a huge waste of time. So, what am I…
Comparing to phpBB doesn't make sense. It isn't incredibly unique, but maybe reading this will help a little? https://slack.com/enterprise
Re: Slack plunges after posting first earnings report since going public
#8Can someone please enlighten me? I am having trouble understanding the myriad communications/chat apps out there that don't seem to do much more than what we older folk used to do on USENET. Then there's all the clones of more modern platforms. Things like Whatsup. It just seems to me there are, as a friend of mine used to say, "too many useless duplicates". Meaning, most of it is a huge waste of time. So, what am I…
phpBB and USENET are not the right comparisons; Slack is comparable to IRC: real-time chat. It's not the only one, it's just one of the most successful re-implementations.
Re: Slack plunges after posting first earnings report since going public
#9As someone who tracks system outages of Saas for my company, Slack has been really bad the last few months.
I’m consistently seeing problems on the back end that manifest to users of the service.
Critical functions like direct messages, search, mentions, app integration, app approvals are always popping up in their system status feed.
The only reason Slack caught on was businesses prior to that had AIM, Skype, or Hangouts at their disposal. AIM was agnostic across devices but depended on the user to set it up. Skype was either the personal version or the business version but you then were locked into using that to communicate. Hangouts requires Google services, which not a lot of businesses had.
Slack came out of nowhere and offered a myriad of services. It integrated with a lot and made it like AIM from 2008 when I used it at a company I worked for.
Slack seems to have something going on internally on the dev side because the consistent errors I see daily indicate they’re fixing something. Either addressing long term problems or just day to day fires.
I’ve considered Mattermost self hosted for my org. Works just like Slack but I can manage updates and I own all the data we put into it.
Interested to hear what others are using.
Re: Slack plunges after posting first earnings report since going public
#10One cannot continuously make millions cloning IRC? Whodathunkit?
The depth of of these companies markets can be measured in fractional inches.