Freshworks Expects Q3 Revenue Of $180M - $183M (Est $178.7M), Adj EPS Of $0.07 - $0.08 (Est $0.08)
Portfolio Pulse from Benzinga Newsdesk
Freshworks has announced its Q3 revenue expectations to be between $180M and $183M, surpassing the estimated $178.7M. The company also expects an adjusted EPS of $0.07 to $0.08, aligning with the estimated $0.08.
July 30, 2024 | 8:31 pm
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Freshworks has provided a positive revenue outlook for Q3, expecting $180M-$183M, which is above the estimated $178.7M. The adjusted EPS is expected to be $0.07-$0.08, matching the estimate of $0.08.
The revenue projection surpasses market expectations, which is a positive indicator for the company's financial health. The adjusted EPS aligns with estimates, providing stability. This combination is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100