Although quarterly revenue beat expectations, the company issued lower than expected guidance and showed signs of slow growth.

Butterfield also posted charts showing how the volume of newly created teams on Slack began to surge after March 12, the day it reported earnings, compared against the beginning of the year. "And that's what we did.". "We will look back at this time and realize how much it defined our belief in what we can accomplish as a team," Butterfield wrote in an internal message to staff, which he shared in the Twitter thread. Senate subpoenas could force Zuckerberg and Dorsey to... Facebook Promises Privacy Reform. View source version on businesswire.com:

—Etiene Dalcol 44.9%☀️ (@etiene_d) March 26, 2020. Slack is booming despite recession. Other names and brands may be claimed as the property of others.

Earnings day felt “surreal” for Butterfield, as companies across the country and the world — including Slack — are far from conducting business as usual.

But a few replies were more critical, with some questioning whether Slack was planning to offer free services or hire those who have been impacted by layoffs. The error bars on any prediction will be miles wide. He also posted charts illustrating how the volume of newly created teams on Slack began to increase over the last two weeks. Many tech workers, venture capitalists, and others praised Stewart for his insight and transparency in the replies. The coronavirus pandemic has upended the way businesses operate across the United States and around the world, resulting in unprecedented layoffs in the US and forcing companies to quickly shift to remote work arrangements. The company said it … In his Twitter thread, Butterfield discussed the challenges of predicting how a company will perform as the spreading coronavirus has made work unpredictable for many companies. Slack did a direct listing instead of an IPO. This press release contains 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, ability to compete effectively and the potential impact of COVID-19 on our business. Butterfield discussed the challenges of predicting how his company will perform in the future as the coronavirus has made operations unpredictable. ", "We want to guide to something we know we can achieve, and that means factoring in the downside scenarios more heavily," he added in another tweet.