Freshworks Q1 2024 revenue up 20% YoY to $165.1M, CEO transition from Girish Mathrubootham to Dennis Woodside.
Freshworks reports a strong Q1 2024, with 20% YoY revenue increase to $165.1M, surpassing estimates. Net cash provided by operating activities and free cash flow both increased substantially. Founder Girish Mathrubootham transitions to Executive Chairman, replaced as CEO by Dennis Woodside, former Dropbox COO and Motorola Mobility CEO. Freshworks forecasts Q2 revenue between $168-$170M, below market estimates of $172.1M.
May 01, 2024
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