Benzinga | Oct 29, 2020 04:55PM EDT

Recap: Zendesk Q3 Earnings

Shares of Zendesk (NYSE:ZEN) rose 8.93% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 41.67% over the past year to $0.17, which beat the estimate of $0.11.

Revenue of $261,926,000 up by 24.44% from the same period last year, which beat the estimate of $253,740,000.

Guidance

Zendesk Sees Q4 Sales $274M-$279M vs $273.57M Est., Sees FY20 Sales $1.020B-$1.025B vs $1.01B Est.

Recent Stock Performance

Company's 52-week high was at $116.54

Company's 52-week low was at $50.23

Price action over last quarter: Up 26.28%

Company Description

Founded in 2007, Zendesk provides a portfolio of customer engagement software solutions via single applications or the Sunshine suite. Its software unifies customer communication and data across various channels and business units, and simplifies customer service and engagement across self service, phone, chat, messaging, and email.