Reported about 15 hours ago
Freshworks has increased its annual revenue and profit forecasts following positive quarterly results, driven by high demand for its AI-driven software services. The company's shares surged 13.5% in after-hours trading, with expectations of 2025 revenue between $815.3 million and $824.3 million, surpassing previous estimates. CEO Dennis Woodside highlighted the continued reliance on AI and automation despite recession concerns, positioning Freshworks favorably against competitors like Salesforce and ServiceNow.
Source: YAHOO