With the coronavirus driving organizations to adopt work-from-home arrangements, the expectations heading into Slack's (NYSE: WORK) fiscal second-quarter earnings report on Sept. 8 were high. Adding to the pressure, video chat phenom Zoom Video Communications reported jaw-dropping revenue growth in its earnings announcement just eight days earlier. Even though the team collaboration platform beat its own top-line guidance, the stock pulled back as analysts cut their one-year price targets based on what they viewed as a disappointing quarter.
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Source Fool.com