Freshworks Reports Third Quarter 2021 Results
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Freshworks (FRSH) Stock Falls 17% on Weaker-than-Expected Guidance, Analysts Remain Optimistic
November 3, 2021 9:56 AM EDTShares of Freshworks (NASDAQ: FRSH) are down nearly 22% today after the company presented weaker guidance.
Freshworks reported a negative Q3 EPS of $0.04 but still better than the analyst estimate of negative $0.10. Revenue for the quarter came in at $96.6 million versus the consensus estimate of $90.83 million.
Our strong third quarter results reflect the continued adoption of our modern and easy-to-use products by companies of all sizes, said Girish Mathrubootham, CEO and founder of Freshworks. We grew 46% year over year, and saw healthy expansion activity from our customer... More
Freshworks Inc (FRSH) Tops Q3 EPS by 6c
November 2, 2021 4:25 PM EDTFreshworks Inc (NASDAQ: FRSH) reported Q3 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $96.6 million versus the consensus estimate of $90.83 million.
GUIDANCE:
Freshworks Inc sees Q4 2021 EPS of ($0.07)-($0.05), versus the consensus of... More
