Papa Murphy Stock News

The software stock is now down roughly 65.5% from the high it hit in October.

The software stock is now down roughly 65.5% from the high it hit in October.

The software stock is now down roughly 65.5% from the high it hit in October.

FRSH earnings call for the period ending December 31, 2021.

FRSH earnings call for the period ending December 31, 2021.

Futures Reverse Overnight Rout As Doubts Emerge About Aggressive Fed Hiking After initially sinking sharply, with S&P futures dropping as much as 1% overnight on concerns that aggressive rate hikes from the Fed aimed at curbing stubbornly high inflation could plunge the US into recession and crash risk assets, US equity futures have recovered most of their losses after an overnight article from Bloomberg reported that the " Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move " easing investor nerves that a massive hike is imminent. Contracts on the Nasdaq were also flat after earlier retreating as much as 1.2% as growth stocks are especially sensitive to rising rates and bond yields. Still, absent a powerful bounce today, the S&P 500 is set to snap a two-week winning streak. The benchmark S&P 500 has struggled to gain for three weeks in a row since November as the Fed signaled it was prepared to tighten monetary policy to rein in red-hot inflation, but strategists say a broader selloff across stock markets is unlikely.

Total revenue was up 44 per cent to $105.5 million

“We had a strong finish to the year as we surpassed $100 million in quarterly revenue and achieved 44% year-over-year growth in the fourth quarter,” said Girish Mathrubootham, CEO and founder of Freshworks.

Freshworks press release (FRSH): Q4 Non-GAAP EPS of -$0.06 in-line.Revenue of $105.5M (+44.5% Y/Y) beats by $5.16M.

Freshworks Inc. (FRSH) CEO Girish Mathrubootham on Q4 2021 Results - Earnings Call Transcript

SAN MATEO, Calif., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial results for its fourth quarter and full year ended December 31, 2021.

After recent sell-offs, the stock is now down roughly 64% from its lifetime high.

After recent sell-offs, the stock is now down roughly 64% from its lifetime high.

After recent sell-offs, the stock is now down roughly 64% from its lifetime high.