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Tuesday, February 6, 2024

===Freshworks (FRSH) reported earnings on Tue 6 Feb 24 (a/h)

 

Freshworks beats by $0.03, beats on revs; guides Q1 EPS above consensus, revs in-line; guides FY24 EPS in-line, revs in-line
  • Reports Q4 (Dec) earnings of $0.08 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $0.05; revenues rose 20.2% year/year to $160.11 mln vs the $158.46 mln FactSet Consensus.
  • Co issues guidance for Q1, sees EPS of $0.07-$0.08, excluding non-recurring items, vs. $0.06 FactSet Consensus; sees Q1 revs of $162.5-$164.5 mln vs. $163.04 mln FactSet Consensus.
  • Co issues in-line guidance for FY24, sees EPS of $0.29-$0.31, excluding non-recurring items, vs. $0.31 FactSet Consensus; sees FY24 revs of $703.5-$711.5 mln vs. $704.86 mln FactSet Consensus.

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