Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
22 September 2021Website:
http://www.freshworks.comNext earnings report:
06 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:44:46 GMTDividend
Analysts recommendations
Institutional Ownership
FRSH Latest News
Freshwork (FRSH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Shares of software development company Freshworks Inc NASDAQ: FRSH have been on a bumpy ride over the past year, shedding 55% of their value from December through October, even as the broader market enjoyed record highs. This lagging performance was a tough pill to swallow for investors.
The software company posted better-than-feared earnings, and the stock soared.
Freshworks Inc. (FRSH) Q3 2024 Earnings Call Transcript
SAN MATEO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), the provider of people-first AI service software, today announced financial results for its third quarter ended September 30, 2024.
Freshwork (FRSH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
SAN MATEO, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2024 following the close of market on Wednesday, November 6, 2024. Freshworks will host a live audio webcast beginning at 2:00 p.m Pacific Time / 5:00 p.m. Eastern Time that same day to discuss the company's financial results and business highlights.
I recommend a buy rating for Freshworks. FRSH's revenue growth could sustain at 20%, driven by increasing traction in growth initiatives like Freddy and Fresh Service Solutions. Risks include potential worsening of the macroclimate, which could impact FRSH's growth narrative and valuation multiples.
Shares of Freshworks continued a sharp YTD selloff of ~50% despite posting strong Q2 results. The company enjoyed a strong "beat and raise" quarter and lifted its full-year growth outlook by 150bps, while constant-currency revenue growth also accelerated slightly in Q2. Freshworks is also noting strong attach rates of its AI assistant, Freddy Copilot.
Freshworks Inc. (NASDAQ:FRSH ) Q2 2024 Results Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Joon Huh - Vice President, Finance, Investor Relations and Treasury Dennis Woodside - Chief Executive Officer and President Tyler Sloat - Chief Financial Officer Conference Call Participants Brent Bracelin - Piper Sandler Pat Walravens - Citizens JMP DJ Haynes - Canaccord Genuity Scott Berg - Needham & Company Ryan MacWilliams - Barclays Capital Elizabeth Porter - Morgan Stanley Noah Herman - J.P. Morgan Luv Sodha - Jefferies Rob Oliver - Robert W.
What type of business is Freshworks?
Freshworks Inc., a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels. The company also provides Freshsales, an advanced and user-friendly sales automation solution; Freshmarketer, a marketing automation solution for businesses to redefine their marketing strategies; Freshsales Suite, which offers businesses a unified platform that facilitates cohesive engagement and detailed tracking of customers throughout their entire buying journey; Freshservice that offers virtual agents to help employees resolve issues, make requests, and answer questions without contacting the service desk; and Freshservice for Business Teams, which provides a unified employee service experience while ensuring the secure separation of departmental data. In addition, it offers Freshping to monitor website's availability and get multichannel alerts if the website goes down; Freshstatus, which allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey to measure net promoter scores and other satisfaction metrics directly within Freshworks products. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California.
What sector is Freshworks in?
Freshworks is in the Technology sector
What industry is Freshworks in?
Freshworks is in the Software Application industry
What country is Freshworks from?
Freshworks is headquartered in United States
When did Freshworks go public?
Freshworks initial public offering (IPO) was on 22 September 2021
What is Freshworks website?
https://www.freshworks.com
Is Freshworks in the S&P 500?
No, Freshworks is not included in the S&P 500 index
Is Freshworks in the NASDAQ 100?
No, Freshworks is not included in the NASDAQ 100 index
Is Freshworks in the Dow Jones?
No, Freshworks is not included in the Dow Jones index
When was Freshworks the previous earnings report?
No data
When does Freshworks earnings report?
The next expected earnings date for Freshworks is 06 February 2025