Freshworks Inc. ($FRSH) reported strong financial results for the fourth quarter of fiscal year 2024, with total revenue reaching $194.6 million, a 22% increase from $160.1 million in the same quarter of the previous year. The company also exceeded earnings expectations, posting a non-GAAP diluted net income per share of $0.14, surpassing the estimated $0.10. Additionally, Freshworks achieved a notable non-GAAP operating income of $40.3 million, reflecting a year-over-year increase of 250%. For fiscal year 2025, the company anticipates revenue between $809 million and $821 million, with a projected growth rate of 12% to 14%. In contrast, Fastly Inc. ($FSLY) reported total revenue of $140.6 million for the fourth quarter, marking a modest 2% year-over-year growth. Fastly's non-GAAP earnings per share came in at a loss of $0.03, below the expected breakeven point. The company provided guidance for the first quarter, expecting revenue between $136 million and $140 million, which has raised concerns among investors, leading to a pre-market drop of approximately 23% in its shares. Fastly's fourth-quarter results also highlighted a flat year-over-year growth in network services revenue, which accounted for $110.1 million of the total revenue.