MNDY - These Analysts Boost Their Forecasts On Monday.com After Upbeat Results | Benzinga
Monday.com Ltd (NASDAQ:MNDY) reported better-than-expected first-quarter financial results and issued revenue guidance above estimates on Wednesday.
Monday.com 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 61 cents beat the analyst consensus estimate of 40 cents, according to data from Benzinga Pro.
"Our Q1 results mark an exceptional start to the year, with strong demand for our products across all ends of the market," said monday.com co-founders and co-CEOs, Roy ...