Freshworks Q3 revenue $153.6M (+19% YoY); raises FY non-GAAP op profit guidance to $40M

Freshworks Inc.

2023-Q3 EPS reported -$0.37 revenue$436,321,000

Revenue $153.6M, +19% YoY (+18% cc); GAAP EPS ($0.11), non-GAAP EPS $0.08 vs ($0.01) a year ago.
Non-GAAP income from ops $17.4M vs ($3.1M) loss; GAAP loss from ops improved to ($38.7M) from ($58.3M).
Operating cash flow $23.9M vs ($4.2M); free cash flow $22.1M vs ($7.2M); cash & securities $1.16B.
Raised FY 2023 non-GAAP operating profit midpoint to $40M; CEO cites generative AI product traction.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Freshworks Inc. reported third quarter ended September 30, 2023 results: revenue $153.6 million, EPS $(0.11). Guidance raised.

Period: third quarter ended September 30, 2023
Revenue: $153.6 million
EPS: $(0.11)
Guidance: raised
Result: reported results

Exact text from the filing

product innovation that brings generative AI and rapid time to value to companies of all sizes.” Third Quarter 2023 Financial Summary Results • Revenue: Total revenue was $153.6 million, representing growth of 19% compared to the third quarter of 2022, and 18% adjusting for constant currency. • GAAP (Loss) from Operations: GAAP (loss) from operations was $(38.7)

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Source: SEC EDGAR

accession 0001544522-23-000063

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