Freshworks Q1 2024 Adj EPS $0.10 Beats $0.08 Estimate, Sales $165.143M Beat $163.728M Estimate
Portfolio Pulse from Benzinga Newsdesk
Freshworks (NASDAQ:FRSH) reported Q1 2024 adjusted earnings of $0.10 per share, surpassing the $0.08 estimate, a 233.33% increase from last year. Sales reached $165.143M, beating the $163.728M estimate, marking a 19.94% increase from the previous year.

May 01, 2024 | 8:12 pm
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Freshworks reported a significant beat on both earnings and sales for Q1 2024, with adjusted EPS at $0.10 and sales of $165.143M.
The substantial beat on both earnings per share and sales, coupled with a significant year-over-year growth, indicates strong operational performance and market confidence. This is likely to positively influence investor sentiment and could lead to a short-term uptick in FRSH's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100