India, Feb. 12 -- Nasdaq-listed homegrown SaaS company Freshworks managed to narrow its consolidated net loss by 22% to $21.9 Mn in the fourth quarter of 2024 from $28.1 Mn in the year-ago period on the back of robust growth in its revenue.
On a quarter-on-quarter basis, net loss declined 27% from $29.9 Mn.
The AI service software provider saw its total revenue jump 22% to $194.6 Mn during the quarter under review from $160.1 Mn in Q4 2023. However, the growth was muted on a sequential basis as total income grew a mere 4% from $186.6 Mn.
In an earnings release, Freshworks CEO and president Dennis Woodside said that Freshworks outperformed its estimates in Q4 across all key metrics with revenue growing 22% year-on-year, operating cash f...
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