Zendesk Announces First Quarter 2020 Results
Zendesk, Inc. (ZEN)
Last zendesk, inc. earnings: 4/30 04:16 pm
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US:NYSE Investor Relations:
investor.zendesk.com/ir-home/default.aspx
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Source: Business Wire
HighlightsFirst quarter revenue increased 31% year over year to $237.5 millionFirst quarter GAAP operating loss of $41.3 million and non-GAAP operating income of $9.2 million SAN FRANCISCO--(BUSINESS WIRE)--Zendesk, Inc. (NYSE: ZEN) today reported financial results for the first quarter ended March 31, 2020, and released a Shareholder Letter on its investor relations website at https://investor.zendesk.com.Results for the First Quarter 2020Revenue was $237.5 million for the quarter ended March 31, 2020, an increase of 31% over the prior year period. GAAP net loss for the quarter ended March 31, 2020 was $42.8 million, and GAAP net loss per share (basic and diluted) was $0.38. Non-GAAP net income was $12.4 million, non-GAAP net income per share (basic) was $0.11, and non-GAAP net income per share (diluted) was $0.10. Non-GAAP net income excludes approximately $45.8 million in share-based compensation and related expenses (including $3.3 million of employer tax related to employee st
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