Investing.com - Freshworks reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Freshworks announced earnings per share of $-0.01 on revenue of $128.8M. Analysts polled by Investing.com anticipated EPS of $-0.05 on revenue of $125.53M.
Freshworks shares are down 58% from the beginning of the year and are trading at $13.78 , down-from-52-week-high.
Freshworks shares gained 4.71% in after-hours trade following the report.
Freshworks follows other major Information Technology sector earnings this month
Freshworks's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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