Freshworks pares down loss by 31% in FY24; Q4 revenue jumps 22%

Quick Summary:

The Nasdaq-listed company saw its operating revenue rise by 20.8% to $720.4 million in FY24, up from $596.4 million in the prior fiscal year.

Software-as-a-service (SaaS) major Freshworkshas pared down its loss by 30,.6% to $95.36 million in FY24 from a loss of $137.43 million the previous year.

Total income from operations amounted to $40.3 million, up from $11.5 million in the fourth quarter of the previous year.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Quarter Cash Shares Fy24 Year Revenue Freshworks Million December Last Company

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 02:48:55 (12 hours ago)

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Language: English

Article Length: 692 words

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