secwatch.observer — SEC 8-K summary
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Issuer:     Freshworks Inc. (FRSH)
CIK:        0001544522
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001544522-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freshworks Q1 revenue $137.7M (+20% YoY); first non-GAAP operating profit $3.9M; raises FY outlook
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- Revenue $137.7M, +20% YoY (+23% constant currency).
- Non-GAAP operating profit $3.9M vs loss of $(0.6)M in Q1 2022; first such profit as public co.
- GAAP operating loss $(48.1)M; GAAP EPS $(0.15); Non-GAAP EPS $0.03.
- Free cash flow $9.1M vs $(1.4)M prior year; cash balance $1.15B.
- Raising FY2023 non-GAAP operating profit midpoint to $5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1544522/000154452223000038/0001544522-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1544522/000154452223000038/frsh-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001544522-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer