Freshworks Stock News

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.

Shares of cloud-data warehousing stock Snowflake were significantly pared down in the third quarter in favor of an up-and-coming customer relationship management (CRM) company.

Customer relationship management (CRM) software has become a mainstay for businesses of all sizes. CRM platforms enable companies to manage interactions and engagements with existing and potential customers.

The software company posted better-than-feared earnings, and the stock soared.

Freshworks' strong earnings, improving free cash flow, and low investor expectations make it a compelling buy at 21x forward free cash flow. Freshworks' suite of affordable, user-friendly software solutions, including AI-driven automation, targets mid-market and enterprise customers, driving significant growth in the EX business. Despite moderate revenue growth rates and intense competition, Fr...

Freshworks Inc. (FRSH) Q3 2024 Earnings Call Transcript

Freshworks raised its annual revenue and profit forecasts on Wednesday following upbeat third-quarter results, as clients turn to the company's AI-driven products to manage their IT services.

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.