Freshworks Sees FY23 Adj EPS $0.23-$0.25 Vs $0.2 Est.; Revenue $593M-$595.5M Vs $591.21M Est.
Portfolio Pulse from Benzinga Newsdesk
Freshworks has projected its FY23 adjusted EPS to be between $0.23 and $0.25, higher than the estimated $0.2. The company also expects its revenue to be between $593M and $595.5M, surpassing the estimated $591.21M.
October 31, 2023 | 8:10 pm
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POSITIVE IMPACT
Freshworks' higher than expected FY23 EPS and revenue forecasts could positively impact its stock price.
Freshworks' projected EPS and revenue for FY23 are higher than the estimates. This positive financial outlook could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100