Zendesk Earnings Top Estimates, Revenue Edges By Views, Stock Falls

▤ Summary

Zendesk earnings and revenue for the first quarter edged by analyst estimates, while company sales guidance came in slightly above Wall Street targets. The Zendesk earnings news sent shares in the maker of customer-support software down in extended trading late Tuesday. X Zendesk ( ZEN ) said adjusted earnings were 4 cents a share, up two pennies from a year ago, with revenue rising 40% to $181.5 million. Analysts expected Zendesk earnings of 3 cents on sales of $179.5 million for the period ended March 31. Zendesk aims to sell more to larger companies and enterprises, as well as to its longtime base of small and midsize businesses.

▦ Linked Companies

Zendesk, Inc.

$1B+