Freshworks Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live

04-30

Freshworks (FRSH) reported late Tuesday Q1 adjusted earnings of $0.18 per diluted share, up from $0.10 per share a year earlier.

Analysts polled by FactSet expected $0.13 per share.

Revenue for the quarter ended March 31 was $196.3 million, up from $165.1 million a year earlier. Analysts polled by FactSet expected $192.0 million.

The company expects Q2 adjusted earnings of $0.10 to $0.12 per share and revenue of $197.3 million to $200.3 million. Analysts are expecting earnings of $0.11 per share and revenue of $198.6 million.

The company expects fiscal 2025 adjusted earnings of $0.56 to $0.58 per share and revenue of $815.3 million to $824.3 million. Analysts expect earnings of $0.55 per share and revenue of $816.5 million.

Shares rose nearly 10% in the after-hours trading on Tuesday.

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