Freshworks shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates. Also, the company raised its FY24 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Freshworks shares are trading higher following the release of better-than-expected Q2 financial results and an upward revision of Q3 and FY24 revenue guidance.
July 31, 2024 | 11:34 am
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Freshworks reported better-than-expected Q2 financial results and raised its Q3 and FY24 revenue guidance, leading to a surge in its stock price.
The better-than-expected Q2 results and the raised revenue guidance for Q3 and FY24 are strong positive indicators for Freshworks' financial health and future performance, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100