Freshworks Inc. (FRSH)
Market Cap | 3.90B |
Revenue (ttm) | 623.88M |
Net Income (ttm) | -118.10M |
Shares Out | 298.82M |
EPS (ttm) | -0.41 |
PE Ratio | n/a |
Forward PE | 38.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,040,909 |
Open | 12.91 |
Previous Close | 12.81 |
Day's Range | 12.78 - 13.13 |
52-Week Range | 11.90 - 24.98 |
Beta | 0.74 |
Analysts | Buy |
Price Target | 21.94 (+68.25%) |
Earnings Date | Jul 30, 2024 |
About FRSH
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 Fresh... [Read more]
Financial Performance
In 2023, Freshworks's revenue was $596.43 million, an increase of 19.77% compared to the previous year's $498.00 million. Losses were -$137.44 million, -40.79% less than in 2022.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for FRSH stock is "Buy." The 12-month stock price forecast is $21.94, which is an increase of 68.25% from the latest price.
News
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Freshworks Report Reveals AI Is Delivering Strong Productivity Gains and Unlocking Higher-Value Work for Employees
More than half of knowledge workers are actively using AI at work—and driving efficiencies of nearly 24 business days of work per year More than half of knowledge workers are actively using AI at work...
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Freshworks Unveils New Data Center in UAE to Serve Customers Across Middle East and Africa
DUBAI, UAE, June 27, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc . (NASDAQ: FRSH) today announced the launch of its new data center, powered by Amazon Web Services (AWS), in the UAE.
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Rocketlane Raises $24M in Series B to Create a Post-Sales CRM for Professional Services Teams
Rocketlane champions professional services teams, the OGs of after sales experts, with an all-in-one AI powered platform to deliver the promise of sales and removes siloed project management and ineff...
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Freshworks Completes Acquisition of Device42
Enhances IT Asset Management Capabilities Designed to Provide Customers with a Single, Integrated Platform New Capabilities Help Customers Reduce Risk, Solve Incidents Faster SAN MATEO, Calif., June 0...
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Freshworks to Participate in Upcoming Investor Conferences
SAN MATEO, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced participation in the following events:
Tesla, Meta, Freshworks | Top Calls
Today's top calls include Tesla, Meta and Freshworks. -------- More on Bloomberg Television and Markets Like this video?
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Freshworks plunges after cutting annual revenue forecast, CEO transition
Freshworks' shares plunged nearly 30% in premarket trading on Thursday after the CRM software maker cut its full-year revenue forecast and named a new CEO.
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Freshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO
Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed ...
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Freshworks names Dennis Woodside as CEO, shares tumble
Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman.
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Freshworks Announces CEO Transition
Founder and CEO Girish Mathrubootham will transition to role of Executive Chairman, President Dennis Woodside to become Chief Executive Officer & President Founder and CEO Girish Mathrubootham will tr...
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Freshworks Reports First Quarter 2024 Results
SAN MATEO, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial...
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Playvox Brings New Integrated Workforce Management Solutions to Freshworks Customer Service Applications
Freshworks customers can access Playvox's suite of AI-powered workforce engagement solutions to forecast workloads and better manage their workforce SUNNYVALE, Calif. , April 23, 2024 /PRNewswire/ -- ...
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Porsche eBike Performance Accelerates IT Efficiency with Freshworks' AI-Powered Enterprise Software
BERLIN, March 20, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc . (NASDAQ: FRSH) announces that Porsche eBike Performance , a Porsche subsidiary dedicated to developing pioneering electric drive systems for...
Freshworks CEO Girish Mathrubootham talks Q4 earnings beat and strong guidance
Girish Mathrubootham, Freshworks CEO, joins 'Closing Bell Overtime' to talk quarterly results after beating on top and bottom line and issuing strong guidance.
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Freshworks beats fourth quarter revenue estimates on AI-powered demand
Software firm Freshworks beat Wall Street estimates for fourth-quarter revenue on Tuesday, driven by a surge in demand for its AI-powered customer support and IT services products.
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Freshworks Earnings Top Estimates, Thanks to AI
Freshworks is the latest enterprise-software company to attribute strong performance in part to the rollout of new artificial-intelligence features.
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Freshworks Reports Fourth Quarter and Full Year 2023 Results
Full year revenue grew 20% year-over-year for both as reported and constant currency Fourth quarter revenue grew 20% year-over-year, 19% adjusting for constant currency Improved business efficiency wi...
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Freshworks to Announce Fourth Quarter and Full Year 2023 Financial Results on February 6, 2024
SAN MATEO, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the fourth quarter and full year ended December 31, 2023 following the close...
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Freshworks Announces Inducement Grant Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market
SAN MATEO, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced that it ...
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Freshworks Appoints Mika Yamamoto as Chief Customer and Marketing Officer
SAN MATEO, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced the appointment of Mika Yamamoto as the company's Chief Customer and Marketing Officer.
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On-Demand Delivery Platform Lalamove Adopts Multiple Freshworks Products to Improve Sales Efficiency in Asia and LATAM
Freshsales helps the company engage better with its business partners, improving sales conversion by 24% and Freshdesk boosts customer engagement up to 58% Freshsales helps the company engage better w...
Freshworks stands to gain from more automation, says CEO Girish Mathrubootham
Girish Mathrubootham, FreshWorks CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI integration, forward looking estimates and more.
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Freshworks Reports Third Quarter 2023 Results
Third quarter revenue grew 19% year-over-year Improved business efficiency with $23.9 million in net cash provided by operating activities and $22.1 million of free cash flow in the quarter Raising fu...
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Freshworks to Announce Third Quarter 2023 Financial Results on October 31, 2023
SAN MATEO, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2023 following the close of market on ...
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Freshworks Customers Using Microsoft Teams Increase Employee Experience and Productivity
Uptick in Microsoft Teams adoption among Freshservice customers helps businesses of all sizes speed up employee service management with the AI-enabled integration Uptick in Microsoft Teams adoption am...