Freshworks (FRSH) Q4 Earnings: Tuesday, February 16: Revenue Up 12.4% Y/Y Expected

Freshworks (NASDAQ:FRSH) reports earnings Tuesday, February 16. Last quarter, the company recorded revenue of $215.1 million, up 15.3% year on year, and beat revenue and EBITDA expectations. EPS guidance for Q1 is expected to exceed analyst forecasts. Analysts project revenue growth of 12.4% y/y to $218.7 million and adjusted EPS of $0.11 per share for Q1. Freshworks added 402 enterprise customers paying over $5,000 annually, bringing total enterprise customers to 24,377. Over the past two years, Freshworks has averaged a 2.3% revenue beat. In the SaaS sales and marketing segment, LiveRamp reported same-period growth of 8.6%. While broader tech stocks have declined 18.8% in the last month, Freshworks is down 26.4% and has an average analyst price target of $17.64 versus its current share price of $8.92.