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The Economic Times
The Economic Times
Technology

Freshworks turns profitable in Q2, revenue up 16%

Freshworks GAAP Nasdaq United States

Software-as-a-service company Freshworks reported 16% year-on-year growth in revenue for the second quarter, and turned profitable again, as it continued to benefit from growing adoption of its enterprise AI offerings.

The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Operating income stood at $6.1 million in the quarter under US GAAP (generally accepted accounting principles), compared to a loss of $8.7 million in the year-ago quarter.

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