Business

Zendesk does just fine in Q2, its first quarter since going public

A Zendesk poster adorns the New York Stock Exchange Thursday morning.

Above: A Zendesk poster adorns the New York Stock Exchange Thursday morning.

Image Credit: New York Stock Exchange

Zendesk, a site where angry customers yell at incompetent service providers, today posted solid second quarter results on revenue of $29.5 million, beating analyst expectations by more than $3.5 million.

Not nearly as exciting as most Groupon quarterlies, Zendesk today looks like a sturdy ship following its first quarter as a public company. It left nothing on the table, and didn’t over-promise — a stark contrast to the roller-coaster rides we’re accustomed to enjoying following many tech IPOs.

In regular trading today, Zendesk shares were up by nearly 2.9 percent. After the bell, the company jumped by 5 percent. Zendesk finished the day at $17.97 per share, not far from its peak on June 11 ($19.49) or its June 2 dip ($15.00).

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Above: Chart via Yahoo.

Image Credit: Chart: Yahoo

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