BUZZ-Freshworks up after lifting annual forecast

Reuters
04-30
BUZZ-<a href="https://laohu8.com/S/FRSH">Freshworks</a> up after lifting annual forecast

** Shares of software development firm Freshworks FRSH.O rise 8% to $15.5 after the bell

** FRSH now expects FY2025 revenue to be between $815.3 million and $824.3 million, vs previous forecast of $809 million to $821 million

** Company also raises annual adj. profit per share forecast to between 56 cents and 58 cents, with the range exceeding estimates of 53 cents

** Posts Q1 revenue of $196.3 million, beating estimates of $191.9 million

** FRSH down 11.3% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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