Freshworks Q2 2024 Adj. EPS $0.08 Beats $0.06 Estimate, Sales $174.131M Beat $171.071M Estimate
Portfolio Pulse from Benzinga Newsdesk
Freshworks (NASDAQ:FRSH) reported Q2 2024 adjusted EPS of $0.08, beating the $0.06 estimate by 33.33%. Sales were $174.131M, surpassing the $171.071M estimate by 1.79%. This represents a 14.29% increase in EPS and a 20.02% increase in sales compared to the same period last year.
July 30, 2024 | 8:12 pm
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Freshworks reported strong Q2 2024 results with EPS of $0.08 beating estimates by 33.33% and sales of $174.131M beating estimates by 1.79%. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with year-over-year growth in both metrics, suggests strong financial health and positive market sentiment. This is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100