Freshworks Stock Surges as Artificial Intelligence Drives Record Performance

The artificial intelligence transformation is delivering tangible results for Freshworks, with the company’s latest quarterly report exceeding market expectations across multiple key metrics. The software provider not only surpassed analyst projections for the recent quarter but also issued unexpectedly strong guidance, demonstrating how its strategic AI investments are fueling impressive growth while many technology peers face market headwinds.

Freshworks reported third-quarter revenue of $215.1 million, representing a 15 percent year-over-year increase that comfortably exceeded the $208.8 million consensus estimate among market analysts. The company’s forward-looking guidance also impressed investors, with management projecting fourth-quarter revenue between $217 million and $220 million—the midpoint of which surpasses the $216.5 million analyst forecast.

The earnings outlook proved Read more...