April 29 (Reuters) - Freshworks ( FRSH ) raised its

annual revenue and profit forecast above Wall Street

expectations following upbeat quarterly results on Tuesday,

fueled by growing demand for its AI-driven software services.

As more businesses digitize their operations, they

increasingly rely on AI-powered software products to enhance IT

services and automate workflows, benefiting companies like

Freshworks ( FRSH ).

The company now expects full-year 2025 revenue to be between

$815.3 million and $824.3 million, compared to its previous

forecast of $809 million to $821 million.

On average, analysts project annual revenue of $813.3

million, according to data compiled by LSEG.

The company raised its annual adjusted profit per share

forecast to a range of 56 cents to 58 cents, with the midpoint

exceeding estimates of 53 cents.

Freshworks ( FRSH ), which serves over 72,000 clients, including

American Express ( AXP ), Databricks, Nucor ( NUE ) and Sony ( SONY )

, among others, offers a variety of products that help

clients automate routine tasks, assist with employee onboarding

and management, and provide tailored solutions for customer

issues.

The company expects its second-quarter revenue to be between

$197.3 million and $200.3 million, with the midpoint largely in

line with estimates.

It also expects an adjusted profit per share in the range of

10 cents to 12 cents for the second quarter, compared to

estimates of 11 cents.

Revenue for the first quarter ended March 31 grew 19% to

$196.3 million, beating estimates of $191.9 million, while

adjusted profit per share of 18 cents also exceeded estimates of

13 cents.