— Zendesk Inc. (NYSE: ZEN) reported its third-quarter 2019 adjusted earnings of $0.12 per share versus $0.06 per share expected.
— Revenue jumped by 36% to $210.5 million versus $207.51 million expected.
— Looking ahead into the fourth quarter, the company expects revenue in the range of $226 million to $228 million.
— Operating loss is predicted to be in the range of $37 million to $35 million for the fourth quarter and adjusted operating income is projected to be in the $8 million to $10 million range.
— For the full year 2019, Zendesk lifted its revenue outlook to the range of $813 million to $815 million from the prior range of $807 million to $811 million.
— Operating loss is now expected to be in the range of $167 million to $165 million for the full year compared to the previous loss outlook of $178 million to $175 million.
— Adjusted operating income guidance is raised to the range of $23 million to $25 million from the previous range of $16 million to $19 million for the full year.
— Free cash flow is still anticipated to be in the range of $35 million to $45 million for the full year.
Most Popular
INTU Earnings: Intuit reports higher Q3 revenue and profit; results beat
Financial technology company Intuit Inc. (NASDAQ: INTU) on Thursday reported stronger-than-expected revenue and adjusted earnings for the third quarter of 2025. The Mountain View-headquartered company’s third-quarter revenue was $7.75 billion,
Against a challenging backdrop, Lowe’s (LOW) is focusing on these two pillars of its strategy
Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Thursday. The stock has dropped 8% over the past three months. The company saw sales and earnings decline
Earnings Preview: Can Salesforce regain its growth momentum this year?
Salesforce, Inc. (NYSE: CRM) has constantly innovated its products and services after successfully adopting the SaaS business model years ago. While the company's growth has slowed in recent quarters, the