Freshworks reports 20% revenue growth in Q2 at $174 million

Nasdaq-listed Software-as-a-Service (SaaS) firm Freshworks on Wednesday said it had pared losses in the second quarter to $20.1 million as opposed to $35.6 million during the same period a year ago.

This came as the Chennai-based firm’s revenue jumped 20% year-on-year to touch $174 million in the second quarter of calendar year 2024 owing to improved sales and rising demand for AI-enabled solutions from customers.