KOMP - Monday.com Sees Surge in High-Value Customers Driving Impressive First Quarter Earnings | Benzinga
Monday.com Ltd (NASDAQ:MNDY) reported fiscal first-quarter 2024 revenue growth of 34% Y/Y to $216.9 million, beating the analyst consensus estimate of $210.4 million.
The project management software company's adjusted EPS of $0.61 beat the analyst consensus estimate of $0.40. The stock price gained after the results.
The net dollar retention rate was 110%, with the net dollar retention rate for customers with more than ten users being 114%.
The number of paid customers with over $50,000 in annual recurring revenue ...