Zendesk (ZEN) Tops Q2 EPS by 3c; Guides Q3, FY16 Revenue Above Views

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Piper Jaffray Reiterates Outperform on Zendesk (ZEN) Following Solid 2Q Results

August 3, 2016 8:00 AM EDT

Piper Jaffray reiterated an Overweight rating and $35.00 price target on Zendesk (NYSE: ZEN) following the company's 2Q earnings report. Zendesk reported a solid 2Q that was a beat across the board with revenue coming in at $74.2 million (54% Y/Y), billings at $84.6 million (47% Y/Y) and operating... More