Zendesk 3Q 2016 revenue up 45% YoY

Zendesk, Inc. (NYSE: ZEN) reported revenue of USD80.7 million for the quarter ended September 30, 2016, an increase of 45% over the prior year period, the company said.

GAAP net loss for the quarter ended September 30, 2016 was USD25.8 million, and GAAP net loss per share was USD0.27. Non-GAAP net loss was USD3.9 million, and non-GAAP net loss per share was USD0.04. Non-GAAP net loss excludes approximately USD21.0 million in share-based compensation related expenses (including USD0.6 million of employer tax related to employee stock transactions and USD0.4 million of amortized share-based compensation capitalized in internal-use software) and USD1.0 million of amortization of purchased intangibles.

Zendesk builds software for better customer relationships. It empowers organizations to improve customer engagement and better understand their customers. Based in San Francisco, Zendesk has operations in the United States, Europe, Asia, Australia, and South America.