Freshworks Inc (FRSH) PT Raised to $25 at FBN Securities

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Go back to Freshworks Inc (FRSH) PT Raised to $25 at FBN Securities

Freshworks (FRSH) up 15% on boosted forecast after Q2 beat

August 2, 2023 8:05 AM EDT

Freshworks Inc (NASDAQ: FRSH) shares surged as much as 15% in early Wednesday trading after the application-software company raised its full-year forecast.

The company reported Q2 EPS of $0.07, topping the analyst estimate of $0.02. Revenue for the quarter came in at $145.1 million, again higher than the consensus estimate of $141.44M.

Freshworks is building on the foundations we set at the start of the... More