Shares of Freshworks Inc. (FRSH) surged 6.66% on Tuesday after the cloud-based software company reported better-than-expected fourth-quarter earnings and provided an upbeat revenue outlook for 2025, driven by robust demand for its enterprise software and AI solutions.
The company's adjusted earnings per share of $0.14 for the fourth quarter surpassed analysts' estimates of $0.10, while revenue grew 22% year-over-year to $194.6 million, beating expectations of $189.4 million. The impressive results were fueled by steady demand for Freshworks' AI-powered software offerings, which help businesses manage digital operations and automate routine tasks.
For the full year 2025, Freshworks forecasted revenue between $809 million and $821 million, exceeding Wall Street's estimates of $813 million. The company also projected adjusted earnings per share of $0.52 to $0.54, surpassing consensus expectations of $0.52.
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