Freshworks Inc. (FRSH) has been on a downward spiral lately with significant selling pressure. After declining 28.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a ...

SAN MATEO, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced participation in the following events: An audio webcast replay will be accessible from the Freshworks investor relations website at https://ir.freshworks.com. About Freshworks Inc. Freshworks Inc., (NASDAQ:FRSH) creates AI-boosted business software anyone can use. Purpose-built for IT, customer support, and sales and marketing teams, our products are designed to let everyone work more efficiently and deliver m ...

Freshworks (NASDAQ:FRSH) stock is falling on Thursday after the software development company announced that founder and CEO Girish Mathrubootham is stepping down.This will have Mathrubootham leave the CEO role to take over as the executive chairman of Freshworks. That has Dennis Woodside taking over as the next president and CEO of the company.News of Mathrubootham giving up the CEO position is pulling FRSH stock down today despite a strong Q1 earnings report. That includes adjusted EPS of 10 cents and reve ...

Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed that founder Girish Mathrubootham has stepped down as CEO. Dennis Woodside, who joined Freshworks as president in September 2022 and previously served as CEO of Motorola Mobility, will take over as the new CEO. Mathrubootham is becoming executive chairman.Device42 helps companies manage their IT infrastructure ...

Freshworks Inc. (NASDAQ:FRSH) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Joon Huh - VP, IR Girish Mathrubootham - CEO Dennis Woodside - President Tyler Sloat - CFO Conference Call Participants Scott Berg - Needham Pinjalim Bora - JPMorgan Ethan Brooks - Wolfe Research Brent Thill - Jeffries Rob Oliver - Baird Ayman Akhnoukh - Barclays Daniel Reagan - Canaccord Genuity Pat Walravens - Citizens JMP Elizabeth Porter - Morgan Stanley Operator Good day and thank you for standing ...

Freshworks Inc. (FRSH) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.08, delivering a surprise of 60%.Over the last four quarters, the company has su ...

Notes: Revenue growth rates adjusted for constant currency are based on average exchange rates in effect during the comparison period for currencies other than USD. 2024 financial data reflects unaudited results as of March 31, 2024. See Appendix for reconciliation of all GAAP to Non-GAAP financial measures. Numbers rounded for presentation purposes and may not foot. freshworks May 1, 2024 Disclaimer Factors that may cause actual results to differ materially include our ability to achieve our long-term plan ...

Freshworks Reports First Quarter 2024 Results "Freshworks delivered 20% revenue growth with improving profitability and a strong free cash flow margin in Q1," said Girish Mathrubootham, CEO and Founder of Freshworks. "I'm particularly proud of the progress we've made in AI innovation across our products, and its tangible impact on our customers. We remain more focused than ever on product innovation, bringing more large customers onto our platform, and expanding adoption of products across our portfolio." F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-40806 Freshworks Inc. (Exact name of registrant as specified in its charter) Delaware 2950 S Delaware Street, Suite 201 33-1218825 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ...

Freshworks customers can access Playvox's suite of AI-powered workforce engagement solutions to forecast workloads and better manage their workforceSUNNYVALE, Calif., April 23, 2024 /PRNewswire/ -- Playvox, the leading provider of Workforce Engagement Management (WEM) solutions for digital-first contact and support centers, officially announced its new Workforce Management Software (WFM) integration to Freshworks Customer Service Applications via an app on the Freshworks Marketplace. The AI-powered app will ...