Complaint management solutions provider Zendesk (NYSE: ZEN) recently announced its fourth-quarter results that continue to outpace the market’s estimates. Zendesk recently also received an offer of acquisition from private equity firms, which it rejected. The company believes that it has a significant market opportunity that it can address as a public player.
Recently listed Freshworks (Nasdaq: FRSH) announced its fourth-quarter results. The company is now targeting the $34 billion IT operations management market for its next round of growth.
Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its fourth-quarter results that surpassed market expectations. The company continues to see significant benefits from its PaaS ecosystem.
Communications PaaS player Twilio (NYSE: TWLO) recently announced its fourth-quarter results that surpassed market expectations. The company continues to bank on expanding its partnerships with other customer engagement companies as it progresses towards its mission of becoming the leader in customer engagement solutions.
Internet domain provider GoDaddy (NYSE: GDDY) delivered another strong quarter. The company continues to acquire other players to expand its product offerings. It is also focusing on payment services for its portfolio of customers.
I have been impressed with how invoicing solutions provider Bill.com (NYSE:BILL) has been quietly scaling its operations. I rank Bill.com as one of the top 25 cloud stocks to invest in 2022. Its recent result announcements have reaffirmed my faith in the company.
Earlier last week, Amazon (NASDAQ: AMZN) announced its fourth-quarter results that had mixed reactions. While it fell marginally short of revenue expectations, it reported a significant increase in income, thus gaining the market’s confidence. For the longest time, Amazon decoupled growth and profitability, and the market went along with that sentiment. It is nice to
Facebook (Nasdaq: FB) recently announced its fourth-quarter financials that sent its stock plummeting. The company suffered its biggest one-day wipeout ever with its stock sliding 26%, wiping out more than $230 billion of its market value. The company actually reported the first-ever user decline in 18 years, causing the big upheaval. Also, Apple has tightened the