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FRESHWORKS REVENUE FORECAST
Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
- Freshworks posts first full-year profit; stock hits all-time lowFreshworks reported a $39.7 million profit in the October-December quarter, reversing a $23.8 million loss a year earlier, as rising adopti...
- Freshworks forecasts annual profit below estimates amid AI-driven software worriesWhile businesses are adopting AI-driven software from firms such as Freshworks for IT services, workflow automation and customer support im...
- Freshworks lifts annual revenue, profit forecast on steady demand for AI softwareFreshworks has increased its 2025 revenue forecast to $815.3-$824.3 million, exceeding analyst predictions, supported by rising demand for ...
- Freshworks revenue rises 19% to $153.6 million in September quarterExcluding items, Freshworks projects annual profit per share between 23 cents and 25 cents from its prior forecast of 18 cents to 22 cents.
- Summon likely for Apple over threat alert; a new-age company trend in IPOsA parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential...
- Freshworks targets 18-19% annual revenue growth on back of winning large clientsDuring the June quarter, Freshworks had 855 customers providing it with annual recurring revenue (ARR) of more than $100,000, against 737 s...
- Reliance, Nvidia to develop AI infra in India; Freshworks draws large customersMukesh Ambani-led Reliance Industries has tied up with chipmaker Nvidia to develop India’s own foundation large language model. The petroch...
- More exits at Freshworks; HR, marketing heads quitChief human resources officer Suman Gopalan and chief marketing officer Stacey Epstein are leaving the firm, the company said in a statemen...
- Freshworks ups profit guidance to $28 million for 2023; Foxconn will pump $600 million in Karnataka unitsSoftware-as-a-service company Freshworks, which saw its revenue for the quarter ended June surge 19% to $145.1 million, expects to report a...
- Freshworks reports 19% jump in revenues, expects $28 million operating profit for 2023The Chennai and San Mateo, California-headquartered company said its net loss shrank to $35.66 million, or 12 cents per share, in the first...
- Freshworks Q1 results: SaaS major posts first adjusted operating profit, shares riseThe software as a service (SaaS) company has raised its full-year 2023 financial forecast midpoint for an adjusted operating profit of $5 m...
- Freshworks pares annual revenue guidance; Q2 revenue jumps 40%Churn in SMBs higher but mid-market, enterprise segments showing resilience: CEO Girish Mathrubootham
- Freshworks pares annual revenue guidance; Q2 revenue jumps 40%Revenue for the April-June quarter was $121.4 million on constant currency terms, or excluding the effect of exchange rate fluctuations. Lo...
- Freshworks hits balance in customer mix amid growing mid-tier, enterprise rangeThe company will continue to hire aggressively across segments from engineering to marketing in key geographies this year, chief executive ...
- Freshworks loses $5.45 billion in market cap in one monthFreshworks had on Nov. 2 declared its September quarter results, its first since listing on the Nasdaq. Since then, the stock has dropped t...
- Freshworks initiates $500 million share sale to tap listing gainsThe move comes after the mandatory lock-in period post IPO ended, allowing all vested shareholders to sell up to 20% of their holding in th...
- Freshworks beats Street, Q3 revenue surges 46% at $96.6 millionThe Street was expecting Freshworks' revenue for Q3 to be in the range of $90.8 million and that it would post a loss of 10 cents per share...
- Freshworks beats Q3 estimates; employees can encash 20% of their stock as Diwali giftFreshworks’ strong Q3 performance comes ahead of what company cofounder and CEO Girish Mathrubootham said was a “Happy Diwali” for employee...
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