|Bid||83.14 x 900|
|Ask||83.20 x 1300|
|Day's Range||81.97 - 85.40|
|52 Week Range||62.38 - 94.89|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 27, 2020 - May 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||99.95|
Stonly is building a service for customer support teams so that they can share step-by-step guides to solve the most common issues users have. The startup just raised a $3.5 million funding round led by Accel with business angels also participating, such as Eventbrite CTO Renaud Visage and PeopleDoc founders Jonathan Benhamou and Clément Buyse. The startup isn’t building a chatbot for customer support — chatbots usually don’t understand what you mean and you end up contacting customer support anyway.
(Bloomberg) -- Salesforce.com Inc. Co-Chief Executive Officer Keith Block stepped down Tuesday after revamping the software maker’s growth strategy, helping fuel a fourfold increase in revenue during his tenure.Block garnered less public attention than founder and Chief Executive Officer Marc Benioff during his seven years at the market leader for customer-relations software, but took command of day-to-day operations behind the scenes. Block, promoted from president to chief operating officer to co-CEO with Benioff in August 2018, professionalized the sales organization, taking lessons from his 26-year stint at Oracle Corp. He persuaded Benioff the company should tailor software for different industries, which expanded the universe of customers. And, as co-CEO, Block allowed Benioff time to focus on his many political and philanthropic initiatives.“Keith has really inspired us to be much more committed to verticals and vertical solutions than ever before,” Benioff said on a conference call with analysts. “It’s going to be a huge part of his legacy here.”Benioff said he would partner with Block in his undisclosed “next chapter.” The former co-CEO will remain an adviser, the company said.“Keith Block’s departure as Salesforce.com CEO dims enthusiasm over a strong 4Q, as he’s been critical to successes over the past seven years and leaves a short-term vacuum,” Anurag Rana, an analyst at Bloomberg Intelligence, wrote in a research note. Salesforce shares declined about 2.5% in extended trading after the announcement.Despite Block’s departure, Benioff tried to reassure investors that Salesforce has a deep leadership bench. The company recently promoted Bret Taylor, the former product head, to chief operating officer and gave him additional responsibilities, suggesting he will become even more consequential in Block’s absence.Block’s focus on selling industry-specific software will remain prominent at the company, which also Tuesday announced a $1.3 billion acquisition of Vlocity Inc. to bolster that effort. Vlocity’s apps focus on six specific industries and help subscribers manage relationships with their customers, including T-Mobile US Inc. and TELUS Corp.Salesforce was an investor in the San Francisco-based startup founded by former Oracle executive David Schmaier. Vlocity’s software is built on Salesforce’s platform and Schmaier consulted Benioff and other Salesforce executives before starting the business, he said in a 2018 interview. Vlocity had a habit of locating its offices in Salesforce-occupied buildings, ensuring it would remain visible to the cloud-software pioneer.Vlocity’s current headquarters is in the Salesforce Tower, suggesting a relocation won’t be necessary if the deal closes as expected in the fiscal second quarter.Though Block was known for his sales acumen, he wanted to broaden his duties, which was part of the reason he took on a more diversified co-CEO role, Benioff said.Benioff and Block had sought to maintain Salesforce’s annual growth rates of about 25% through frequent acquisitions and international expansion. By the end of the fiscal year, the company is on target to have doubled its annual revenue over the past three years, spurred by snapping up MuleSoft Inc. in 2018 and Tableau Software Inc. in 2019.Sales will be as much as $21.1 billion in fiscal 2021, the San Francisco-based company said. Analysts projected $20.9 billion, according to data compiled by Bloomberg, which is at the top end of what the company had forecast in early December.In the fiscal fourth quarter, Salesforce reported Tuesday that revenue gained 35% to $4.85 billion, marking the second consecutive period of more than 30% year-over-year growth. Analysts, on average, projected $4.75 billion. Earnings, excluding some items, were 66 cents a share, topping analysts’ estimates of 56 cents.Revenue from Sales Cloud, the company’s flagship product, grew about 17% to $1.23 billion in the quarter ended Jan. 31. The company leads the market for sales-tracking software, but growth rates have slowed down, prompting Salesforce to diversify its business.Service Cloud sales increased 26% to $1.22 billion. The software maker offers this tool so companies can communicate with field employees and customers, a space where it faces competition from ServiceNow Inc., Zendesk Inc. and others.To contact the reporter on this story: Nico Grant in San Francisco at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Andrew Pollack, Edwin ChanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Zendesk announces that as part of its global user conference, Relate 2020, it will hold its annual analyst and investor event on March 4, 2020.
Zendesk, Inc. (NYSE: ZEN) today released State of Messaging 2020, the third annual report featuring expert commentary and in-depth analysis of the biggest trends in conversational business and the rapidly evolving messaging industry. The report combines interviews with more than two dozen customer experience product, sales, and marketing leaders from companies like Google, Twitter, Hootsuite, Birchbox, and more, with original Zendesk research and third-party data to provide insights into how messaging is changing the face of business.
Zendesk (ZEN) delivered earnings and revenue surprises of -9.09% and 0.91%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Zendesk earnings for the fourth quarter met expectations while revenue edged by estimates. Zendesk stock slipped in extended trading amid the software maker's mixed guidance.
Zendesk, Inc. (NYSE: ZEN) today reported financial results for the quarter and fiscal year ended December 31, 2019, and released a Shareholder Letter on its investor relations website at https://investor.zendesk.com.
NEW YORK, NY / ACCESSWIRE / February 6, 2020 / Zendesk, Inc. (NYSE:ZEN) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 6, 2020 at 5:00 PM Eastern ...
Today, Zendesk, Inc. (NYSE: ZEN) announced it is bringing its annual global user conference, Relate, to Miami on March 3-5, 2020. The event gathers thousands of attendees for three days of education on how companies can build positive, long-term relationships with their customers. To reserve your spot, use code JoinRelate20 to register here.
Zendesk (ZEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tech has clearly been the home of growth stocks for years. So let's take a look at three growth-focused tech stocks that we found with our Zacks Stock Screener that investors might want to buy right now...
Zendesk, Inc. (NYSE: ZEN) today announced the Zendesk Marketplace for Sell apps, which provides companies’ sales teams with a central place to access critical customer information from additional tools in the sales stack. Now, sales reps can access important customer context from various marketing, quoting, storage and invoicing tools directly within the Zendesk Sell interface to create a single, comprehensive profile of the prospective customer.
Zendesk acquired Base CRM in 2018 to give customers a CRM component to go with its core customer service software. After purchasing the company, it changed the name to Sell, and today the company announced the launch of the new Sell Marketplace. Officially called The Zendesk Marketplace for Sell, it's a place where companies can share components that extend the capabilities of the core Sell product.
Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating certain officers and directors of Sealed Air Corporation (SEE), iRobot Corporation (IRBT), Zendesk, Inc. (ZEN), and Uniti Group (UNIT) on behalf of long-term stockholders. Bragar Eagel and Squire is investigating certain officers and directors of Sealed Air Corporation following a class action complaint that was filed against Sealed Air on November 1, 2019. The complaint alleges that throughout the class period, defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated the price of Sealed Air common stock and operated as a fraud or deceit on purchasers of Sealed Air common stock.