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The Latest Breaking News from Zendesk Inc

Benzinga's Top Ratings Upgrades, Downgrades For July 26, 2022

Upgrades

Benzinga · Jul 26, 2022

Will Zendesk Continue to Outperform in 2022?

Customer service software company Zendesk Inc. (ZEN) has been making efforts to expand its operations. However, given its poor profitability and premium valuation, is it worth betting on its stock now? Let's discuss.

StockNews.com · Apr 27, 2022

Why Are Zendesk Shares Trading Higher Today

Software company Zendesk Inc (NYSE:ZEN), which became a takeover target during a failed purchase of SurveyMonkey parent Momentive Global Inc (NASDAQ:MNTV), is exploring a potential sale, Bloomberg reports. Zendesk rejected an acquisition offer from a consortium of private equity firms for as much as $16 billion, Reuters reports. Zendesk nixed the Momentive takeover after shareholders in both software companies questioned…

Benzinga · Apr 19, 2022

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Jana Seeks Board Changes Or Sale For Zendesk

Activist investor Jana Partners asked Zendesk Inc (NYSE:ZEN) to institute significant board changes or a sale following the failed bid for SurveyMonkey parent Momentive Global Inc (NASDAQ:MNTV). Jana claimed that Zendesk's board received the lowest level of deal-related shareholder support in the last 20 years for its planned acquisition of Momentive. "This unprecedented rejection of the board's most consequential…

Benzinga · Feb 28, 2022

Here's Why Momentive Shares Are Trading Higher Today

Momentive Global Inc (NASDAQ:MNTV) reported fourth-quarter FY21 revenue growth of 16% year-on-year to $117.3 million, missing the consensus of $120.9 million. Enterprise sales revenue was $40.0 million, an increase of 34% Y/Y. Self-serve revenue was $77.4 million, an increase of 9% Y/Y. Paying users totaled 888,700, an increase of 8% Y/Y. The average…

Benzinga · Feb 11, 2022

Here's Why Zendesk Shares Are Trading Higher Premarket

Zendesk Inc (NYSE:ZEN) reported fourth-quarter FY21 revenue growth of 32% year-on-year to $375.4 million, beating the consensus of $369.8 million. Adjusted EPS of $0.16 missed the consensus of $0.18. Zendesk sees Q1 FY22 revenue of $381 million - $387 million, versus the consensus of $383 million. Zendesk sees FY22 revenue of $1.675 billion…

Benzinga · Feb 11, 2022

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