Zendesk Needs to Prove It’s Not Bananas

Zendesk investors already weren’t the calmest bunch. A surprise acquisition seems to have pushed them over the edge.

The provider of cloud-based customer support software services saw its shares trounced 13% three months ago as its second-quarter results missed Wall Street’s forecasts. The latest results reported late Thursday were better, with revenue 9% above analysts’ estimates and its projection for the fourth quarter also above expectations.