NasdaqGS:FRSHSoftware
Freshworks (FRSH) Stock Falls Despite Profit Breakthrough And AI Traction
Freshworks came into this print with a quietly improving story and a stock that had climbed over the past quarter, only to drop about 4% to US$11.52 on the day the numbers hit. That gap between narrative and tape is all about one thing: profitability is now real, not theoretical.
Revenue reached US$237.4m in Q2 and Freshworks delivered positive GAAP net income of US$3.2m while non GAAP operating margin sat at 24%. The company has now kept its Rule of 40 streak alive for eight straight...