Freshworks Narrows Loss To $95 Mn In 2024, Revenue Up 21%

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SUMMARY

The SaaS major narrowed its net loss by 22% YoY and 27% QoQ to $21.9 Mn in Q4 2024

Its operating revenue jumped 22% YoY to $194.6 Mn during the quarter under review

For the full calendar year 2024, Freshworks reported a net loss of $95.4 Mn, down 31% from $137.4 Mn in 2023

Nasdaq-listed homegrown SaaS company Freshworks managed to narrow its consolidated net loss by 22% to $21.9 Mn in the fourth quarter of 2024 from $28.1 Mn in the year-ago period on the back of robust growth in its revenue.

On a quarter-on-quarter…



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Freshworks Narrows Loss To $95 Mn In 2024, Revenue Up 21%


SUMMARY

The SaaS major narrowed its net loss by 22% YoY and 27% QoQ to $21.9 Mn in Q4 2024

Its operating revenue jumped 22% YoY to $194.6 Mn during the quarter under review

For the full calendar year 2024, Freshworks reported a net loss of $95.4 Mn, down 31% from $137.4 Mn in 2023

Nasdaq-listed homegrown SaaS company Freshworks managed to narrow its consolidated net loss by 22% to $21.9 Mn in the fourth quarter of 2024 from $28.1 Mn in the year-ago period on the back of robust growth in its revenue.

On a quarter-on-quarter…



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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