Unlike Zoom Video Communications Inc (NASDAQ:ZM), Slack Technologies Inc (NYSE:WORK) didn't manage to deliver a blockbuster quarter. By no means was it bad, as the company reported steady revenue growth with usage increasing over the pandemic. Even Amazon (NASDAQ:AMZN) will be offering Slack to its employees. But expectations were quite higher so shares ended up dropping 17% in extended trading on Thursday.

Revenue growth was 50% which is pretty much the same as the previous quarter. Zoom pulled off a 169% revenue growth, more than doubling guidance and exceeding forecasts. Not to mention the skyrocketing usage of Microsoft Corporation (NASDAQ:MSFT) Microsoft Teams. Slack didn't manage to board that boat. But Zoom's executives have a different way of looking at it. They find it as a great indication that they are not apples-to-apples rivals as the products are not truly competitive with one another. If we exclude the after-hours move, its shares did go up about 70% since the beginning of the year. But can Slack afford not catching up to the popularity of Zoom and Microsoft is a question that subsequent quarters will answer? Yet, many analysts see the pandemic as the point that either makes or breaks such companies whose products benefit from social distancing. If not now, when?

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