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Stock impact report

Q4 Rundown: Freshworks (NASDAQ:FRSH) Vs Other Sales Software Stocks [Yahoo! Finance]

Freshworks Inc. (FRSH) 
Last freshworks inc. earnings: 3/14 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Today we are looking at Freshworks (NASDAQ:FRSH), and the best and worst performers in the sales software group. Companies need to be able to interact with and sell to their customers as efficiently as possible. This reality coupled with the ongoing migration of enterprises to the cloud drives demand for cloud-based customer relationship management (CRM) software that integrates data analytics with sales and marketing functions. The 4 sales software stocks we track reported a decent Q4; on average, revenues beat analyst consensus estimates by 1.9% while next quarter's revenue guidance was in line with consensus. Valuation multiples for growth stocks have reverted to their historical means after reaching highs in early 2021, but sales software stocks held their ground better than others, with share prices down 3.9% on average since the previous earnings results. Freshworks (NASDAQ:FRSH) Founded in Chennai, India in 2010 with the idea of creating a “fresh” helpdesk product, Fres Show less Read more
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