earnings
confidence high
sentiment neutral
materiality 0.70
Freshworks Q1 rev +42% to $114.6M; GAAP op loss widens to $(47.1)M; NDR 115%
Freshworks Inc.
2022-Q1 EPS reported
-$0.18
revenue$114,637,000
- Revenue $114.6M, up 42% YoY; net dollar retention rate increased to 115% (up 1pp QoQ).
- GAAP operating loss $(47.1)M vs $(1.7)M a year ago; Non-GAAP operating loss held at $(0.6)M.
- GAAP EPS $(0.18) (278.2M shares) vs $0.89 basic (77.7M shares) in Q1 2021; Non-GAAP EPS $(0.01) vs $(0.02).
- Net cash from operations $1.4M vs $7.8M; free cash flow $(1.4)M vs $4.8M; cash & securities $1.2B.
- Launched Freshworks CRM for e-commerce during the quarter.