Zendesk (ZEN) PT Raised to $128 at UBS

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Zendesk (ZEN) Reports Results, Rejects 'Undervalued' Non-Binding All-Cash Offer from PE Group

February 11, 2022 6:58 AM EST

Shares of Zendesk Inc (NYSE: ZEN) are up less than 1% in premarket trading Friday after the company reported mixed financial results for Q4 2021 and issued Q1 2022 guidance.

The company reported $375.4 million in the fourth quarter, up 32% YOY, and beating the consensus estimates of $369.9 million. The company has previously estimated revenue in the range of $367 million to $374 million for the fourth quarter.

Adjusted EPS in the period stood at 16 cents, compared to 11 cents per share in the... More