Freshworks Q2 Adj EPS $0.07 Beats $0.01 Estimate, Sales $145.08M Beat $141.22M Estimate
Portfolio Pulse from totan@benzinga.com
Freshworks (NASDAQ:FRSH) reported Q2 earnings of $0.07 per share, beating the analyst consensus estimate of $0.01 by 600%. This is a 216.67% increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $145.08 million, beating the analyst consensus estimate of $141.22 million by 2.73%. This is a 19.47% increase over sales of $121.43 million the same period last year.
August 04, 2023 | 10:23 am
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POSITIVE IMPACT
Freshworks reported Q2 earnings and sales that beat estimates, with a significant increase YoY. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Freshworks reported strong Q2 earnings and sales, beating analyst estimates. This indicates a positive financial performance, which is often a key driver of stock price increases. Therefore, it's likely that this news could lead to a short-term increase in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100