Zendesk Could 10X Customer Return -- or Fall the Way of Fastly, New Relic
Despite management's projections, investors still have concerns regarding the flat customer count over the last several years. In this clip from "3 Minute Stocks Updates" on Motley Fool Live, recorded on Feb. 16, Motley Fool contributors Brian Withers and Brian Feroldi discuss Zendesk's (NYSE: ZEN) strategy and why investors should want to keep this software stock on their radar.
Brian Withers: There were a lot of things to like about this earnings release. I was going through the shareholder letter and I got to the last page. It showed the customer count. They actually showed the customer count for the last five quarters. You mentioned it in your presentation that it was down year-over-year, but it's essentially been flat for the last five quarters and slightly down over the last two. What gives? Is that something to be concerned about?
Source Fool.com