BUZZ-Freshworks up after lifting annual forecast

Reuters
Yesterday
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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10