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Freshworks Q2 Non-GAAP Earnings, Revenue Increase; Sets Guidance
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Freshworks Q2 Non-GAAP Earnings, Revenue Increase; Sets Guidance
Jul 30, 2024 3:10 PM

05:46 PM EDT, 07/30/2024 (MT Newswires) -- Freshworks ( FRSH ) reported Q2 non-GAAP earnings late Tuesday of $0.08 per diluted share, up from $0.07 a year earlier.

Analysts polled by Capital IQ expected $0.06.

Revenue for the quarter that ended June 30 was $174.1 million, up from $145.1 million a year earlier.

Analysts surveyed by Capital IQ expected $169 million.

The company expects non-GAAP EPS of $0.07 to $0.08 for Q3 and $0.32 to $0.34 for full-year 2024. Analysts surveyed by Capital IQ expect $0.08 and $0.33, respectively.

The company expects revenue of $180 million to $183 million for Q3 and $707 million to $713 million for the full-year. Analysts expect $178.7 million and $699.5 million, respectively.

Shares of the company were more than 6% higher in after-hours activity.

Price: 14.14, Change: +0.86, Percent Change: +6.48

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