Freshworks Reports Strong Growth and Announces Stock Buyback
Company Announcements

Freshworks Reports Strong Growth and Announces Stock Buyback

An announcement from Freshworks ( (FRSH) ) is now available.

Freshworks Inc. announced a robust third quarter of 2024 with a notable 22% year-over-year revenue growth to $186.6 million and improvements in cash flow margins, reflecting strong market positioning among mid-market and enterprise clients. The company also revealed a stock repurchase program worth up to $400 million, showcasing its commitment to shareholder value amidst dynamic market conditions. Freshworks’ strategic focus on AI-enhanced services continues to attract major clients, supporting its growth trajectory.

For a thorough assessment of FRSH stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyFreshworks reports Q3 non-GAAP EPS 11c, consensus 8c
TheFlyFreshworks board authorizes stock repurchase program up to $400M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App