Freshworks Q4 Adj EPS $0.08 Beats $0.05 Estimate, Sales $160.11M Beat $158.50M Estimate
Portfolio Pulse from mahesh@benzinga.com
Freshworks (NASDAQ:FRSH) reported Q4 adjusted EPS of $0.08, surpassing the $0.05 estimate, marking a 700% increase from last year. Sales reached $160.11M, exceeding the $158.50M estimate, a 20.23% year-over-year increase.
February 06, 2024 | 9:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Freshworks reported a significant beat on both EPS and sales estimates for Q4, with a 700% increase in EPS from the previous year and a 20.23% increase in sales.
The substantial beat on both earnings per share and sales estimates, coupled with significant year-over-year growth, is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100