Are Zendesk Inc(NYSE:ZEN) and Alaska Communications Systems Group Inc(NASDAQ:ALSK) High-Upside Investments?


Atlanta, GA – Scibility Media – 11/12/2014.

This article discusses two companies: Zendesk Inc(NYSE:ZEN) and Alaska Communications Systems Group Inc(NASDAQ:ALSK)

Zendesk Inc(NYSE:ZEN) reported its third quarter financial results on Oct. 30th, 2014. The figures included a revenue of $33.9 million for the quarter, a 76% increase from the number recorded during the same period of the previous fiscal year. However, Zendesk also reported a GAAP net loss of $17.9 million, or $0.25 per share, for the period.

The California-based application software development company provides a SaaS customer service platform for organizations. Zendesk’s product provides a single customer service interface that is used to manage one-on-one customer service interactions. The company’s platform, which is available in over 40 languages, serves customers in approximately 140 countries.

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Alaska Communications Systems Group Inc(NASDAQ:ALSK) announced on Nov. 5th that it had come to terms on a five-year contract agreement to provide Wide Area Network (WAN) services to over 22,000 State of Alaska employees. The company will now be providing secure and dedicated network connectivity and high-speed, high-capacity Internet to the state’s locations in Anchorage, Juneau and Fairbanks.

The Alaska-based company also announced its third quarter financial results on Nov. 5th, 2014. The reported figures included a business and wholesale service revenue of $28.0 million, an 11.6% increase from the figure recorded during the third quarter of fiscal year 2013. Additionally, Alaska Communications Systems Group also reported consumer service revenue of $10.4 million and a total broadband revenue of $17.3 million.

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