Freshworks misses earnings whisper despite improved profitability
FRSH Freshworks Inc
$11.88 -1.08%
View chart & analysis → - 1Freshworks reported non-GAAP earnings per share of $0.22 for the third quarter.
- 2This figure was 12.0% below the third quarter earnings whisper.
- 3Management stated that performance was disrupted by longer sales cycles for large customer deals and organizational restructuring for market entry.
So what's the key point?
Freshworks earned $0.22 per share in the third quarter, but this was lower than what experts expected. Results fell short of expectations because it is taking longer to close deals with large customers and the company is restructuring its organization.
Source Earnings Whispers · View original ↗
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