Business

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

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).

Screen Shot 2014-08-05 at 5.31.57 PM

Above: Chart via Yahoo.

Image Credit: Chart: Yahoo
More information:

Zendesk provides a customer service platform designed to bring organizations and their customers closer together. With more than 40,000 customer accounts, Zendesk is used by organizations in 140 countries to provide support in more tha... read more »

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