Freshworks forecasts annual revenue above estimates on steady software demand
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Freshworks has forecasted annual revenue and profit above Wall Street estimates, driven by strong demand for its enterprise software. This positive outlook has led to a 6% increase in its share price during extended trading.
February 11, 2025 | 9:45 pm
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Freshworks has forecasted annual revenue and profit above Wall Street estimates, driven by strong demand for its enterprise software. This positive outlook has led to a 6% increase in its share price during extended trading.
The company's positive revenue and profit forecast, which exceeds Wall Street estimates, indicates strong business performance and market confidence. This has resulted in a 6% increase in share price, suggesting a positive short-term impact on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100