Tech
Freshworks Q2 revenue rises 18% to $205 million, net loss narrows
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Nasdaq-listed software-as-a-service (SaaS) company Freshworks reported an 18% year-on-year increase in revenue to $204.7 million for the quarter ended June 30, up from $174.1 million a year earlier.
The San Mateo- and Chennai-headquartered company also narrowed its net loss to $1.7 million, compared to $20.1 million in the same period last year. The improvement came as the company reduced operating expenses and saw increased adoption of its AI-powered solutions among mid-market and enterprise customers.
Buoyed by improved quarterly financials,…
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