Freshworks Q4 revenue rises 22% to $194.6 million, losses narrow to $21.9 million

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Nasdaq-listed software-as-a-service firm (SaaS) major Freshworks on Wednesday reported a 21.5% increase in revenue at $194.6 million for the fourth quarter ending December 31, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/freshworks-beats-q4-revenue-estimates-on-ai-powered-demand/articleshow/107475555.cms” data-type=”tilCustomLink” target=”_blank”>up from $160 million in the same period last year.

The Chennai and San Mateo, California-headquartered firm reduced its net loss by around 21.7% to $21.9 million during the quarter under review, compared to a net loss of $28 million in Q4 of 2023.

“Q4 was another great quarter across the board for Freshworks. We outperformed all our key metrics and exceeded our previously…



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Freshworks Q4 revenue rises 22% to $194.6 million, losses narrow to $21.9 million


Nasdaq-listed software-as-a-service firm (SaaS) major Freshworks on Wednesday reported a 21.5% increase in revenue at $194.6 million for the fourth quarter ending December 31, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/freshworks-beats-q4-revenue-estimates-on-ai-powered-demand/articleshow/107475555.cms” data-type=”tilCustomLink” target=”_blank”>up from $160 million in the same period last year.

The Chennai and San Mateo, California-headquartered firm reduced its net loss by around 21.7% to $21.9 million during the quarter under review, compared to a net loss of $28 million in Q4 of 2023.

“Q4 was another great quarter across the board for Freshworks. We outperformed all our key metrics and exceeded our previously…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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