Freshworks (FRSH) Rides on Solid Portfolio, Expanding Clientele
FRSHFreshworks(FRSH) Zacks Investment Research·2024-01-05 01:02

Freshworks (FRSH) shares have jumped 30.4% in the past six months, outperforming the Zacks Computer & Technology sector’s return of 7.9%. It has been benefiting from a strong portfolio that helped in attracting new clients.In third-quarter 2023, Freshworks reported revenues of $153.6 million, up 19% year over year. The number of customers contributing more than $5,000 in annual recurring revenues was 19,551, up 17% year over year.Freshworks has expanded its portfolio with the launch of an AI-powered Custome ...