Zendesk (ZEN) is expected to live up to its reputation as a fast-growth company when it reports its second-quarter earnings after the market close on Tuesday. The maker of customer service software, which competes against much larger rivals including Salesforce.com (CRM) and Oracle (ORCL), will be posting its first financials since launching its IPO on May 15. Zendesk stock was down a fraction in morning trading in the stock market today, near
Salesforce.com is not expected to see any major changes to its strategy with its hiring of Mark Hawkins as its new chief financial officer. Hawkins will join Salesforce.com (CRM), the No. 1 provider of customer relationship management software, on Aug. 1, the company announced late Monday. Hawkins has been CFO at Autodesk (ADSK), a design software and services company, since 2009. Hawkins replaces Graham Smith, who announced his intention in
Oracle’s (ORCL) stumble in what is typically a seasonally strong fourth quarter underscores the challenges that lie ahead as the company attempts to complete its transition to the cloud and better compete with rivals that include Workday (WDAY) and Salesforce.com (CRM). Oracle stock was down 6% in morning trading in the stock market today after the company’s earnings and revenue for fiscal Q1, which ended May 31, came up short of expectations. Its